Now first of all *disclaimer disclaimer* these are just the
opinions of an unqualified, unlicensed, biased and very unstable
amateur…and is not professional advice.  Only invest what you can
afford to lose as losses can be extensive and exceed estimates if a
company experiences low liquidity and wide spreads.  Make your own
decisions and/or consult with a licensed professional. 

 

Good Morning!!!!!!!!!!!!!

Here is how I would trade FLMG.  I think this
strategy will work perfectly whether you are investing in FLMG over the
medium or long term or just playing it as a quick trade.

 

I think we are at a reaaallllly perfect point to go on a run.  So
much so, that we are able to really set an extremely tight stop which
means if for some reason it goes against us, we’ll probably barely lose
any money.  If it goes in our favor, which I am quite confident it
will, we can ride the win as high as we want.

 

The lowest point FLMG has been at in the past week or so has been
64 cents.  I think a stop just below that at 63 cents would be just
right.   That puts less than 5% of your money (minus commissions) at
risk, or probably a little more if FLMG opens high this morning. You
can even set a tighter stop than that, like just below today’s opening
price or yesterday’s closing price to really minimize your risk.

 

FLMG is really set to take off.  I’m convinced, and with a tight
stop the risk is minimal.  You guys know I love low risk high profit
potential plays like this.  Sometimes they work out and sometimes they
don’t.  If they don’t work out, we exit either breaking even of with a
very small loss.  When they do work out, we usually make a 30-50%
gain.  These usually work for us about half of the time so the math
definitely is in our favor.   One winner can easily wipe out ten losers
when the setup has such a small downside…and with FLMG’s recent trading pattern we are in a position to really know exactly how to play this one.

 

We’ve had a lot more luck and bigger runs with these "ground
floor" support bounce plays than we have playing the high flying runs,
so I think this is really going to be a good one.  If you liked the 68% gains from my Sunday pick, I think you’re going to go wild for FLMG.  

 

It’s more stable and safe than the Sunday Specials but with just as much potential to make a huge run.

 

Also, please check out the chart so you can see for yourself just how perfect of a position we are to enter FLMG.

 

FLMG should be a fun one today.  Let’s get craaazzzyyyy, the market’s opening soon…so if you’ve researched FLMG and you like it, keep your finger on the trigger. 

The Trader