@Stockstobuy - Twitter - By Tim - http://daytradingstockblog.blogspot.comUS Energy Initiatives Corporation. (USEI) stock rallied 126% to close at $0.0115 which is lighting up my email inbox tonight. Do I think day traders should buy US Energy Initiatives Corporation. (USEI)?
USEI stock hit a 52 week high on record volume today which sets up an interesting trade going forward. Since US Energy Initiatives Corporation. (USEI.PK) stock is very volatile, I would wait to see if this penny stock can drop back to $0.003. The best time to buy this stock is when it tops out and crashes hard. Penny stocks like USEI are very volatile so don't chase and wait for a big dip.
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