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Double Bottom Forming on this Play!

Sunday, December 2, 2012, Ashok Niroula

Double bottom forming on this Play!

Fellow Traders,

In our opinion, this alert is a strong stock here and for the long run.

Even with the shorters continuing their attack , it looks like it will be received with open arms by savvy investors creating great opportunities to get in at under a .10 cents.

The stock is holding well here – a bullish indicator for the week.

We think it was visible that people were able to take advantage of the “shake-out” tactics of the shorts – be it new comers getting in for the first time, or established shareholders protecting their investments and adding to their position.

One thing we believe is certain, one can't let little shake-out tactics scare away solid investors who believe in long-term potential. This type of event should be looked at as an opportunity rather than an exit.

In our opinion, smart investors don't get discouraged in these situations. They recognize that panic selling can often be a winning strategy for the shorts.

Ladies and gentlemen, in our opinion get ready for MORE action tomorrow!

We believe this could be second chance week for many investors and we are looking to see this pick make a monster run here, so as we said - get prepared and watch closely.

Good trading and we hope that our alert is another winner.

The Best Stock Alerts Team

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