30% in 30 Minutes or Less! VRNG plummets on News…

Vringo, Inc. (AMEX:VRNG) has been all the rave for months now and during those months it has been a very profitable stock on multiple occasions! On October 3, VRNG traded as low as $3.01 and traded as high as $4.30 – I was able to guide the interested chat users on this trade as we watched it fly on news. Over the next few days, this stock traded to a high of $5.73 and I had mentioned to our chat users that it would be prudent to remove half off the table and set a stop loss. For the rest of the month the stock had declined to a low of $4.28 and then $3.36!

Today, VRNG fell to as low as $3.06 and I was a little late to send out the alert – though I still got it out while it was still trading at $3.40. During that particular pull back move the stock traded as high as $3.90 for a possible gain of nearly 15%… Even though it was not the best gain in the world, there was still more opportunities to be exploited on this stock. Trading was halted in VRNG after it announced in court today that it could not collect damages from Google prior to September 15, 2011. The stock then fell sharply and was halted for a few minutes at $2.18!! I sent out another alert via email and SMS to look for entry after it resumed trading as there could be an incredible bounce! VRNG traded as low as $1.77 and one of my subscribers was able to get shares at $1.94 and $2.01!! After that the stock was able to bounce back over $2.60 to as high as $2.63 and I sent out another alert to look for exit around $2.60.

A position at $1.94 sold at $2.60 is worth over 34% in only 25 minutes and there have been many traders holding this stock for weeks only to lose 20-40%! I ask you, which is the better decision?

My strategies have been refined and nearly perfected over a rocky trading experience and after my trading strategies were completely developed, I turned $3k into over $43,000 in a little over a year! I can give this knowledge to you! I will be right there to trade with you in chat if you decide to try my service! Come join me if you have liked my alerts for September and October in the following link!http://screencast.com/t/M0DrbsJ1K7R5

My premium service is due to start on Monday, October 29th – get excited JOIN NOW!

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