Tuesday 7 April 2015

1pm update - another lunchtime pump job

Whilst US equity indexes continue to hold moderate gains, it is just another day for clown finance TV. Today's guest Zann is touting Peabody Energy (BTU).. the stock is naturally soaring, +9%.. although still only in the $5s. Meanwhile, Oil continues to build gains, +3.0%.


BTU, 5min.. clown TV

Buy. Pump. Sell.

sp'60min


Summary

*market remains a touch stuck.. but hell, the break has occurred, and market mood is argubly 'fine', certainly VIX isn't warning of any concern, -2% in the 14.30s.
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Lesson/reminder for today...

So, buy a stock (or call option).... appear on a mainstream channel.. and have the stock ramp. Great work if you can get it.
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Is it time for the dinosaur Icahn to start Tweeting on VLTC? With summer coming, the penny share pumpers will be coming out of the wood work (or should that be cesspool?).
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notable weakness, GDX -1.8%.. as the precious metals are weak, Gold -$5