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Take $BTBD. yesterday premarket at this time the stock was up over 100%. Almost $6.00. Of course for no reason. But it's REALLY hard to pump a stock in this market now. Less interest in speculation as so many investors are losing money. So what happens? It drops to $2.50.
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You have to be REALLY careful chasing any small stock in this market. What worked in the Booming bubble we had doesn't work when the industry is setting off naked short program in a downtrending market.
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