Tuesday, August 11, 2009
Force Energy Corp (FORC) (FORC.OB) to pop today?
Per the promotional email received early today, Force Energy Corp. (FORC) (FORC.OB) is expected to pop as much as 50% this week, something it reportedly did in one day last week. Typically, penny stocks with that are promoted can in fact pop on extraordinary volume that doesn't necessarily amount to a huge turnover in absolute dollars. That being said, the downside volatility that often follows a spike upward can be as big or bigger than the move to the upside. So, while PinkSheets.com doesn't have a warning label for Force Energy, let's just say "caveat emptor" is the best approach. If one is opportunistic, one can always attempt to trade a FORC (FORC.OB).