RITT - Wow! That was an incredible run from $2.00 to $10.50 in the pre-market. I alerted about this beast when I bought it at $2 on 10/22/10. Click here for the link. Since then I have mentioned about it in some of my previous blogs. I sold all of my holdings between $5 and $8 for a hefty profit! I do not regret much for not holding because that's the nature of the game and you've got to play it that way. Whenever we experience a major run like this one, we always find the remaining low float stocks getting ready to explode. I have all my focus on MTSL now. Yes the financials in the last quarter were not that great but showed some yoy improvement, which is not enough but keeping its previous behavior and its micro float in mind past, I added some more at $2 yesterday. No matter what, MTSL is going to break its 52 Week high soon!
I am not recommending this stock to anyone but keep it on your radar and play the game based on your risk appetite.
Good luck to all!
Special Warning on Micro Cap Stocks - Ultra low float stocks are always risky to enter them late or shorting them too early. You gotta be fast, smart and thoughtful when you deal with these beasts. Finally, tips are mine but risk/reward is yours.
A general Caution and Advise -As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!
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Who is Mr.Incredible?
- Mr.Incredible
- New Jersey, United States
- Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!
hi, do you think that is a good entry point for MTSL 2,10?
ReplyDeleteHi, I do not recommend either buying or shorting this stock. I bought it on my own risk and I am leaving it to subscribers' discretion whether to buy it or not. I know it is very tempting but you got to know what you are doing. If you think you still want to buy it, please go ahead and ask me for exit point, which is very challenging but I will take it and advise you on that.
ReplyDeleteGood luck!
The stock made a nice base at 1.80 yesterday, and it seems to pop in the first and last hours of trading each day. I am pretty much a rookie at this low float stuff, but the massive increase in volume these past few days tells me that the stock is getting some attention.
ReplyDeleteAbsolutely. The momo is picking up and the interesting thing I noticed is it is decoupled with RITT, which is a good thing. All we need to more low float players knowing about MTSL and I would love to see shorts jumping on it, which has not occured yet. I think they come onboard once the stock breaks the $3 level.
ReplyDeleteMTSL spike up 30% .. watch in next 40 min
ReplyDeleteYes, This is going to crush the shorts. Going to $4 or $5. that's an easy target.
ReplyDeleteMr Incredible.look at aerl......will go nuts real soon
ReplyDeleteQuestion is whether it will sustain that high price or not. All it has done in the past is spike and then come right back down.
ReplyDelete