[arkyuan]

hi Guys,
   FUND.V showed up in recent breakout list. Today it crashed by 21%, I think it's a classic pump & dump ? My question is what are the indicators to identify pump & dump? or false stage 2 continuation like this one.
thanks,
ark,

Slightly off the question, but just incase anyone is unclear in what the watchlist thread is. As FUND.V didn't appear in a breakout list, but was highlighted in the watchlist thread. So by being highlighted in the watchlist thread, it means a stock may have already broken out with some of the things that we look for in the method, or be approaching a breakout level etc. And so the idea is to then watch the stocks behaviour to see if it exhibits the things that we look for in the method once it makes a pullback or a breakout etc. Depending on where it is in it's Stage so that we can try to identify the next low risk entry point once it forms.

In this stocks case it's Stage 2 breakout was back in mid June around the 0.82 level. And so even after this heavy move today it's still 52% above that breakout level, but, the big but, would be that todays initial move was large and on heavy volume for the stock. So this is counter to what we look for in the method, as we look for an orderly pullback on contracting volume. So hence, it would now come off the watchlist, as it's behaviour is not in line with that.

So whether it's a pump or dump or something else doesn't matter, as if you follow the method properly it will keep you out of stocks that aren't behaving in the correct way.

Hi Isatrader,
   Just want to clarify with you, the watchlist thread was created base on the daily P&F breakouts/breakdown thread? What are the conditions to be on the watchlist thread? 
thanks,
Ark,