Jim Rogers strike again!! This time round he longed 1.7 million shares at 0.355 each! Of course I already cut loss but I don't complain. All I can say is the operator is very skillful in his operation for Geo Energy. Now when punting penny stocks, always select those that had influential backing, in this case, Jim Rogers. The question is why is one of the world's richest man touching a penny stock? Is there something special about penny stocks that attract punters, speculators and traders? Or is it that this penny stock has good fundamentals?
And when everyone chased yesterday, what happened today? The stock reacted!! Beware of high volume!
Ronald K - Market Psychologist - The Big Speculator
