Risky Trade

I still hold this one which I bought at 0.003cents, yes less then a third of a cent. I bought a million of them when I saw a jump in the volume the week before last, in fact on that day 100million were traded followed by 127mil the next day. I would not recommend this company though as their market capitalisation is only $25mil and they have over 6 billion shares on issue. It's been in decline for years even to a point where its price could not get any lower.
By now you must be waiting for the name. It's Newsat, short code NWT.
It's been a stock because of it low price and amount of shares on issue that has been one of the ASX's most notorious pump and dump stocks.
I have always watched this stock and have traded it many years ago.
What makes it different this time to the usual pump and dump that has previously occurred, I don't know it’s just a hunch.
I never ever buy anything on hunch, I have always previously traded based on a buy signal generated by the system that I am using at the time.
Is this the result of this protracted bear market I asked myself after I bought resorting to hunches.
Well it’s only a $3000 cost trade looking at 33% gain prepared to give it a go against my better judgement.
Know what you can afford to lose before you trade.