ALLM - nice move

    Posted by pwb8 on 8th of Aug 2016 at 03:55 pm

    Big move on low volume.  Perhaps we see follow through?

    BPT Trade idea from several weeks ago.  

    Reply: Spec play for swing only. 

    There was 28.5K of volume on a 25 cent stock. This may have been one person taking a $7,000 position.

    Yes it's only a swing spec play. 

    ALLM

    Posted by pwb8 on 9th of Aug 2016 at 08:41 am

    Fair enough comment.

    This is not a stock to trade, rather it is a swing position based on new technology the company has for turning wood chips into ethanol.

    It would not be wise to trade such a low volume stock.

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