And the Answer from APS:
For our new subscribers, Welcome!
For those of you who were around the last few hours of trading today you probably noticed a temporary huge retraction with our pick.
It fell to almost 25 cents at its very low before intelligent investors purchased shares at these bargain levels and it ended up closing the day at right around 50 cents. Still about 25% lower on the day.
What happened? A "news" was released through the wire commenting on SNPK's recent soaring and large volume.
We don't get why people panicked for no reason and we are quite certain that there was a lot of shortsellers contributing to the panic and feeding off of legitimate buyers.
Why is there nothing to worry about? Because if everyone reads carefully what the "news" states all it says is that the market authorities communicated with SNPK to make sure everything is fine over there, and it definitely seems to be fine.
We know for a fact that the CEO of the company is holding onto his SNPK shares fully. They announced that his stock cannot be sold into the market, and that he is thus committed long term growth of the company.
Moreover they commented about investor awareness campaigns saying that they have not paid news outlets to disseminate content about the company which is also true as most newsletters are compensated by third parties.
If anything the press announcement today should reassure us that the insiders at SNPK are 100% committed to the long term goals of the company, and that they are not selling their positions. They are holding their positions!
We see today's news as very positive PR that strengthens the fact that SNPK and its CEO are solid.
If the actual CEO of the company is holding his stock and not selling shouldn't we consider doing the same? That could be a clue that a lot of amazing things are brewing there.
Last but not least the company also reaffirmed that they stand firmly behind the accuracy and content of all their previous press announcements.
This leads us to believe even more strongly that the negotiations with the NBA star who could become a spokesperson for SNPK are going well!
Those of you following SNPK closely have already noticed the revolutionary developments it is making. The company is in its final stages of negotiation to hire a former All-Star NBA player and current NBA coach as their spokesperson. We don't need to tell you what happens to the value of a company when they get associated with celebrities.
SNPK has Clotamin®, a specialized over-the-counter multivitamin product designed exclusively for use by patients also on Warfarin, a popular blood thinner that has a long list of known adverse drug and food interactions.
Again in our opinion today's events were a very good sign that SNPK is solid, and we plan on continuing to cover the company and updating our members daily for many weeks to come. We are 100% committed to SNPK and still stand by our pick!
Your PennyStockAdvice Editor.