Yesterday, Friday, January 14th, I alerted RAMO as a shell play. Typically, shell plays will run up very well into the triple-digit percentages with their gains.
However, the past couple of days seemed to be on the slower side of the trading spectrum. Not many stocks were seeing the kind of moves that could typically be expected.
RAMO sat virtually unnoticed into the mid-morning. When it finally did start to see some volume come in, it only moved up a little over 3%. That's when I alerted it, at .0031.
A few minutes later, the stock catapulted to a little higher than .006 for a 106% gain from the previous day's closing price, and at least 100% of my alert price of .0031.
It would've been easy to lock down that 50% profit goal that I have, but in this case, it would've been silly to do so when 100% was just sitting there for several minutes waiting to be picked, like an apple off the tree.
RAMO presented the identical opportunity a few more times during the trading day, bouncing between .003 and .0062. It also presented an opportunity at one point for a larger gain by dipping 14% below it's previous day's closing price before returning back to that 106% position.
That being said, RAMO did not really perform like a typical shell play, but it turned out to be a day-trader's dream, providing several opportunities throughout the day to capitalize on profits of more than 100% each time.
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