QIHU Long Trade Using My Buy Zone Trading System

QIHU

QIHU was a bounce trade that I took recently. It got smacked hard by short sellers because of a negative report by Citronresearch.com. While QIHU isn’t priced below $5.00 per share like most penny stocks when a site like Citronresearch calls fraud on a company, the stocks of real companies can become very volatile like …

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Penny Stock Trade: Long MDMC 07-23-2012

I bought 45000 shares of the penny stock MDMC on Friday 07-23-2012 when my trading system alerted me to this stock. The volume was pretty heavy and the buyer orders were coming in in the hundreds per seconds. I watch level 2 quotes use it to read the price action of penny stocks. My entry …

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