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Remember this move because trading outfits use it a lot. They select a small stock late in the day before close. Set off an algo. Then pump it more after hours. Then even more premarket. They never let the little guy get a chance. Then they dump it when the little guy chases.

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Trader Brian Jones

@MasterBJones

Feb 4, 2021

With $LAIX they pumped it right before the close. You had to be ready to trade. You had to already picked up on it when it was moving today. Why spreading out in a few Chinese low float junk is the better way than putting all your chips in one.

10:43 AM · Feb 5, 2021Twitter Web App

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In some ways being here in the UK keeps us safe from those terrors. As long as we don’t chase them on open we shouldn’t get stung. Of course we don’t get the opportunity to get them at the low but at least we stay safe

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Brian did some research what you think about $hiho $mtc $moho?

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What should you look for when it starts to dump?

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It’s hard when they’re pumped AH with no news. 90% die by 7am, 10% go parabolic 🚀

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What do you think of $biol

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Good buy for swing to 2$ plus

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Did this happen to $TMBR last week when it hit 2+ in pre market?

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I think so, same thing happened

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Great info thanks Brian, such a learning for us!

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Very true! When I switched from investing to trading last year, I had to learn that the hard way 🙄 Now that I know how it goes, and being in Europe, where I can trade before US premarket, sometimes it's possible to jump in early morning and take nice profit before the dump :)