You need to look at these charts. You need to drill them into your minds. You need to know and understand the possibilities in this market.
This is what I tell myself when I come across perfect charts like the $MGT chart below. Because that’s what the chart represents — possibility. The possibility of gains in the hundreds of percent in just a few trading days.
Do these trades happen all the time? No. But if you pay close attention you will learn what to look for and you will know when you are in one of these trades and you will know what to do about it.
Maybe more importantly, you will know when you are not in one of these trades, and what to do about that.
$MGT started out as a sub $1.00 stock. Note, they don’t all start that way. A $50.00 stock can run just as easily. Maybe not to the tune of gains over 100% in a couple days, but far enough to add a sizable amount to your equity.
Here’s the chart.
Look closely. There are only a few things you need to be aware about. The huge expansion in RANGE. The massive expansion in VOLUME. (From a couple hundred thousand to over 12 million shares). And finally, you want to notice the follow-through.
These stocks only run like this for a few days. Can you best days to get in on these trades? That’s right — the first or second days. After that you can forget it. Unless you are trading the ultra-short term.
Anyway. look at that chart. Enjoy the possibilities. And stay tuned to RetailTRADER.info — we list these as we find them. Both as trade ideas on first or second days. And as reviews to see how we could have gotten in.
Here’s A Little About The Company
|Industry:||Multimedia & Graphics Software|
|Full Time Employees:||2|
MGT Capital Investments, Inc., together with its subsidiaries, engages in acquiring, developing, and monetizing assets in the casino, online, and mobile gaming space. It operates through four segments: Medicsight Software/Devices, Medicsight Services, Gaming, and Intellectual Property.
The company develops, publishes, distributes, and sells mobile games for smartphones and tablets; develops and produces free to play mobile and social casinostyle games; and owns the United States patents related to casino gaming systems.
It also operates DraftDay.com, a daily fantasy sports Website that offers players to participate in real money daily fantasy gameplay for the NFL, MLB, NCAA, NHL, NBA, and professional golf; FantasySportsLive.com, an online portal for fantasy sports news and commentary; and Slot Champ. The company has strategic alliance agreements with M2P Entertainment GmbH; M2P Americas, Inc.; and MGT Studios, Inc. to market and exploit M2P Entertainment GmbHs gaming technology in North and South America.
MGT Capital Investments, Inc. was founded in 1979 and is based in Harrison, New York.