What is the best way to play an Alert? Should I buy now or wait?

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Welcome to Chedsblog!   
Helping new traders avoid my old mistakes-
OTCBB Pennystock trading article topics include:
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Market makers 
L2 and chart analysis
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Using social media to trade
Price and volume study
Bankroll management
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Sub .01 low float setups
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    Text alert, email alert…  The stock is running but I a little afraid to buy. What should I do?

    Clay did a really good video on this and the evolution of these plays. If you have watched this video you understand a few things

    https://www.youtube.com/watch?v=sm0VDjBmqRY

    Clay – ‘As time increases, opportunity decreases…’

    Here is the daily promotions list:

    http://www.pennystocktweets.com/news_letters/index/current_day

    This is different for everyone, but in my opinion the best way to play this is not to play it.

    Now, if you are going to play it, then play bottom bounce, the dead-cat bounce.

    As we know, this is how the play unfolds:
    1) Someone buys a bunch
    2) Same guy does an alert
    3) Other people buy at a higher price
    4) There is a lot of selling, all those gains are lost

    Most of the time these plays have a bottom, and a rather easy one to call. You can find that bottom by doing a couple different things.

    1) Look at chart support levels, and look at price by volume. You have to figure that people who bought at the top are bag holders and will want to “average-down”. They will also be looking to buy back in near support level.

    2) Watch L2. See where bids are stacking, and watch MM behavior, take your clues from there.

    Welcome to Chedsblog!   
    Helping new traders avoid my old mistakes-
    OTCBB Pennystock trading article topics include:
    Reading financials and filings
    Market makers 
    L2 and chart analysis
    Understanding the competition
    Using social media to trade
    Price and volume study
    Bankroll management
    Game theory
    Sub .01 low float setups
    Interviews with influence makers
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