Multi-Day vs. First-Day Runners: Know Before You Trade

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Should you dip buy first-day runners or wait for it to become a multi-day runner? I answer that question here in this video. Watch this and find out how you can tell the difference. It all comes down to some stock basics.

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Today, I’ll discuss former runners and multi-day runners…

Just because a stock is a former runner, doesn’t necessarily mean it will be a multi-day runner. It definitely has the legs to do so, but it’s not guaranteed.

In this video, I’ll also go into detail on this stock: Alternet Systems, Inc. (OTCPK: $ALYI).

This particular company kept putting out press releases, which kinda made it lose some credibility.

People ask me why I would trade a stock like this. It’s sketchy, so it doesn’t make sense to newbies.

But if you think about it … most penny stocks are sketchy. That doesn’t mean there’s no potential upside. In fact, it’s quite the opposite.

Keep in mind that as a trader, you want volatility…

And with a sketchy stock, the company may try to use tactics to try to move its stock — regardless of how legit its fundamentals are.

Remember that if you can start to see the possible outcomes of the company’s moves, you can be better prepared to either trade the stock or leave it alone.

That’s how you take advantage of shady companies. Expect the worst and you’ll never be disappointed.

And also keep in mind that if you understand what a multi-day runner looks like, that can help you make that decision.

Tune in to learn more about multi-day runners and first-day runners … And learn to tell the difference!

Do you understand why it’s important to be cynical about penny stocks? If so, comment below and say, “I will expect the worst.”

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Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.*

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* Timothy Sykes teaches skills others have used to make money. Most who receive free or paid content will make little or no money. Any results displayed are exceptional and are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Do not invest money you cannot afford to lose. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services. Past performance in the market is not indicative of future results. See Terms of Service here