Singapore Stocks | Penny Punting with Behavioral Analysis – Geo Energy Resources

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A classical “pump-and-dump” campaign, sucking in buyers for the smart money to unload their profitable longs, and leaving many punters trapped in their losing positions when they buy on greed and exuberance. Smart traders would have shorted as the big boys were cashing out (red arrow), and there is still more downside to go. I will be holding these shorts for a bit more profit.

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Spencer Li

Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.