FRTD Consolidation - FRTD

So after watching parts of the InvestorsLive DVD, I learned a pattern that I have started to really like. It's nothing revolutionary or something you probably haven't heard before but learning these easy patterns is the first step to profitability. FRTD has been consolidating these past couple of days. If you look at the chart you can see the lines I drew showing this. You can see that once it broke through the bottom line, it dropped almost .01. Obviously, this stock is too low to short without a huge account, but I am just trying to recognize patterns. Hopefully, this post/picture help you in the future.

Finally some profitable trades - FRTD and WIIM

FRTD spiked up in the morning and I sold half my shares at .07 and waited for the other half. It then started to plummet and so I got rid of the other half of the shares at .063, just above what I entered at.

WIIM also spiked in the morning. Unfortunately, I wanted to have more money in my account so I could get back into FRTD if I needed to. I got out of WIIM at .3315. It went all the way up to .39 but I took early profits which is what my problem was previously.

#wolfpack and Wolfofweedst - FRTD

So on friday evening I bought 12,000 shares of FRTD as it had broken out and was finishing strong. I did not know at the time that it was being pumped by Wolfofweedst. The article below could definitely help his credibility which would cause a spike in the stock in the morning. I am planning on selling into the morning spike. I might only sell half and see how far this goes depending on the price action. For those of yall following the wolfpack, make sure to always remember that they are pumping the stock for their own profits, not yours.  I am not saying they are doing anything wrong or pumping with any bad intent, just always be cautious and plan accordingly.

http://seekingalpha.com/instablog/22369991-wolfofweedstreet/2815993-making-dangerous-a-umptions-of-a-callous-nature-the-underestimation-of-the-wolfpack-extended-family

O/N trades - WIIM and FRTD

So due to the PTD Rule most of my plays are going to be towards the close and hold o/n. I'm starting to use equityfeed and one of the scanners I use pulled WIIM. It was closing strong with strong volume so I decided to make a play. I got in WIIM at .32 which it dipped right before close but I'm assuming thats just due to people taking profits/not holding over the weekend.

My second play today was FRTD. It was very popular on chat and had a pretty strong day with some potential positive news over the weekend. I got into FRTD at .0622. I'll be looking at both of these for a morning spike. This time I will take profits or losses quickly. I don't plan on holding these very long.