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Hello Trader,
This week we hit a catalyst play in the EV sector… or should I say the potential of being in the EV sector… yeah you read that right… just the potential.
EV has been a catalyst play on the tail of Tesla, so excitement in the sector is nothing new..
I've been writing about and trading EV stocks for a while now…
But this week it was a one-off play from a company that isn't actually currently in EV. They are simply announcing the desire to enter the field.
This happens every so often in pennies…
Companies, trying to keep their price up to keep from being delisted or maybe to grab some insider profits, will announce the intention to enter whatever industry is super hot at the time and the stocks go soaring…
But it's usually nothing more than smoke and mirrors… or pipe dreams.
Regardless of that… the whole thing sets off some insane rallies.
Often short-lived, but powerful and profitable nonetheless.
And this week the most recent insanity was set off by a press release from SPI energy…
On top of which… the big move actually lined up with a live training I was doing in my Platinum room on Wednesday…
So my members witnessed it all in a live lesson…
And I'm gonna walk you through what happened and how to trade these with the real life example from my live training last Wednesday.
Click to continue reading...
 Jeff Williams PennyPro.com |
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