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That stuff happened after the run to .0011. What happen to CMKX shares prior to the run to .0011?
Janice since your going off memory, so will I and I remember .0012 as the high. But we can use .0011 as the number matters little.
I can assure you shares could be bought at .0001.
So
1 you buy a million shares at .0001.
2 What happened to CMKX
3 stock ran from .0001 to .0011
How could that be a 22 bagger?
This was such a simple play but only a true trader could understand and see it before it actually happened. Janice your not a trader I doubt if you've ever executed a single trade on any pennystock. Yet you come and give advice to everyone like your here to save them from losing money. Why? Maybe you should just go to Vegas and stand outside the casinos and preach how everyone is going to lose money.
Your a CMKX expert what was number 2 above?
I'll give you another clue What happened just prior to the run to .0011 on CMKX?
Let's say for sake of memory CMKX ran to .0011 instead of .0012 that's a 22 bagger. Until I go back and look at a chart or trade listing. Feel free to provide a link if you wish
Pocketchange1 are you stupid or joking? lol
Janice we can all go over to the CMKX board so you can explain what the PLAY on CMKX was. The play meaning how did you make money on buying and selling CMKX and it was a 24 bagger for those that saw the play. I eagerly await your explanation on the 2400% gain on CMKX
Janice do you ever make money trading? Have you ever made money trading. I noticed you posting about CMKX. Is that a stock that made you a bagholder and you can't put it behind you so now your on a mission to save the world from the evil penny stocks? Pennystocks by nature are very high risk. Everyone knows that over 90% of these companies are made up of 80% BS and 20% lies, and won't exist in their current form in 12 months.If not CMKX what's your story. CMKX play was long before the bagholders started climbing all over it talking about a forced short covering. I bet you don't even know what the real play on CMKX was do you? CMKX was a MONSTER 24 bagger and most people didn't even know it. If you know so much explain to everyone here what the real play on CMKX was.
.20x.207 they brought out the chocolate chip cookies
rookangnut those that did that and played the bounces are even happier.
playfulone they are still backing SNPK BurtBaby got shares out of the deal and he wants to sell them at a $1.
"The company also still has Paul Silas, Burt Reynolds, The Portland Trail Blazers, and The Dayton Dragons on its side."
Wouldn't want to piss off you cheerleading squad they won't give you a good recommendation in the future.
From a technical perspective SNPK could turn into a huge bounce play. That will be up to all the players that got millions and millions of shares. If you have 5-10 guys with those kind of shares you have to be able to control how fast and what levels they sell them at. Sell to many too fast and down it goes real fast. Take the example of $2.4 to .13 in a blistering 15 days with 4 big bounces 5 if you count the current one. That's pretty impressive. It reminds me of what I call DILUTION BY RETARDS. The best way to stop a retard from doing this and do what you want is to offer them a cookie. A cookie always distracts a retard. Choclate chip cookies work the best. So if the pps starts to climb again well know that the retards are busy eating Chocolate chip cookies.
my mistake on the top but did you play the bounces they were just as profitable if not more. Don't sell this out yet the next couple days will be very important. If they capture a new audience other than the email crowd this could have new life. Under one condition any dilution is put on hold
synthtrader I replied to PSE/APS email today
We rarely revisit picks but we think that SNPK is at absolute bargain levels right now and it could bounce very high as the company has big things lined up on the agenda.
Could Bounce if the race to unload shares would stop.
http://stockcharts.com/h-sc/ui?s=SNPK&p=D&yr=0&mn=4&dy=0&id=p07152986214
.60-.80 is not unreasonable target from the chart. Perhaps a $1. But dilution kills everything and Dilution by Retards kills very fast. $2.4 to .13 in 15 days I'd say the Retards have been working overtime releasing new shares to the bagholders. If there's one retard its an easy fix but if you have 5-10 tards they are in a race to unload shares as fast as they can. No one wants to sell last, not even a retard. Get control of the tards, stop the dilution for a week or two and the price will go back up. Burt Baby must have some shares out of this with the thought they would be worth something more than a penny. If this rebounds it will be groundbreaking, tripling the following for future plays.
Tip retards will do anything for a chocolate chip cookie.
Garyst you missed the top of the SNPK run by about $1 then you missed 4 killer bounces. But lets say for a moment. someone bought 50k worth of SNPK when it was .40 and 6 bagged it to just shy of $2.4 they would then have about $300k They then took $100k of that and played the first bounce from .70 to $1.3. The 100k would then be 185k then the very next day they played the 185k on a bounce from .7 to $1.1 185 now $318k they played that from .53 to .8 now 480k then played .14 to .21 two days ago for 720k plus the other 200k for $920k
do you think they could afford to play 100k on another bounce? Or should they play it safe and sell $1 below the top, play no bounces and wait patiently for the next APS bus to arrive.
could be worse 442.80Bil Debt, 10.59Bil OS, PPS $19. Spend $19 on a share of GE and you get $41.81 of Debt per share.
spizzafreak3 #6 Not knowing how to read a chart #7 No level II #8 Using Margin
Low overhead means more spent on promo
knowprophet tell me something that's not so obvious everyone here knows how long this has been in play. .40 to $2.4 was easy money. The bounces have been more challenging as they go along.
Take a look at the chart and Particularly the volume Today Big volume increase This is the biggest volume day since the 2nd day it traded. Accumulation is here.
http://stockcharts.com/h-sc/ui?s=SNPK&p=D&yr=0&mn=4&dy=0&id=p31372979146
Sometimes you have to say What the Fxxx and just go for it. Take some of your gains and put them back in SNPK
I bought 2 days ago at .14 for the 4th bounce play and sold .21's yesterday. reloaded .18's on the dip for the 5th bounce. If APS can get this to rally to .60-.80 it would be absolutely ground breaking and phenomenal. I think they just might be able to do it. The APS plays have been life changers for me and many others. I won't have to worry about retirement anymore.
The APS plays give you the volume for instant in and out which you can't find with any other penny stock. They pick one stock and stick with it. Just look at the stroke they have got getting all the sports teams and BurtBaby to endorse this. I have a feeling this is the one of many heavy hitter plays in the future. I'm thinking about naming the new boat I'm going to buy Sunpeaks
Very nice dip reloaded .186-.189
a close at .23 would be appropriate
dummney Gap just filled,I've been doing this a lot longer than you obviously
jsmoo 3 soldiers on a Friday classic "Third Day In Play Collect Your Pay" then come back and close the gap. Possible trading senario
The mailers and the ads away from the internet are targeted to bring a whole different type of investor. The ones that will buy SNPK to hold it for longer than the promo internet pump that everyone here is for. They could carry this much higher and we could play this tune all over again. Sometimes you have to just say WTF and go for it. APS is the only game in town worth catching and they will be on SNPK for at least till the end of May maybe longer. That's 21 more days.
Chart accumulation, OBV turning north. It all looks good except I don't like the gap this am. If the mm's were smart they would have already taken a small trade and closed this morning.
http://stockcharts.com/h-sc/ui?s=SNPK&p=D&yr=0&mn=4&dy=0&id=p80485952219
4mil big boyz race for the exits
that was a big dump of shares a minute or so ago
close the gap get on with it.
Lets hope it doesn't gap up. It will just mean it needs to be closed keeping many players out waiting for the close.
Mr.McBalls I had the impression at the time all the pieces were in place to be assembled but the timing was off a bit on some of the promo stuff. It had already topped and was coming down the hill fast. For instance the mailers. A lot of money spent that did next to nothing. Once that happens all the prs in the world aren't going to stop the descent just slow it down and give it the good bounces we saw. Would have been better to save all that stuff for Right Now.
Another big unknown is all the shares issued. Let's say 10 people each get 10 million shares and they agree to not sell until a set price. Do you want to be the last guy to sell or one of the first? Once a stock starts coming down fast the guys with the big shares are in a race for the exits. At that point they don't care that Burt Reynolds is in to endorse it and he got a million shares. They just want KD-Bar the door out.
The next few days should be interesting
Interesting situation from chart perspective it looks like this could be an easy 3 bagger to .60.
http://stockcharts.com/h-sc/ui?s=SNPK&p=D&b=5&g=0&id=p16279545638
APS re announcing today. If you liked this at .40 why not love it at .20. Think about the credibility that APS would gain if SNPK were to run once again. SNPK has been absolutely the best play in years. From .30 to $2.40 in 30 days, then back down to .13 in only 15 trading days. On the way down we had 4 huge bounces from 40%-125%. I bought yesterday at .14 and sold at .21 today. The experienced trader is so ingrained to not hold a pennystock for very long on the bounces coming down the backside and for good reason. Each of the bounces I held for shorter periods of time. Bagholding is not a fun place to be.
What would it take to get SNPK to run to .40,.60 and higher?
First of all any dilution must stop immediately. If tomorrow starts off with a flooding of shares as the volume picks up and the price goes no where. Guess what? Partys over. If there is no dilution and the stock is allowed to trade higher then the climb can and will resume.
A lot of good things are in place. This could be ground breaking event in the world of penny stocks. If APS plays this right they will triple their following for the next play.
Nice bounce I'm a dot don't get greedy icatrade
Synthtrader Thanks for the excellent reading and post. I think a bounce is coming soon.
SNPK Can I get a pincher read on this from an expert? Thanks looks like a bounce play developing.
icatrade read the following from unlimited post then take the 20/50 advice and you might come out OK on this one so late to the party.
"The chart's technical indicators suggest that SNPK may quickly develop into an amazing bounce play."
Otherwise you will become the dreaded bagholder
icatrade that posts is proof of the theory "There's a new bagholder born every minute". Learning curve is harsh in pennyland have fun.
What Bigdumper meant to say 200/500 Make 200% sell half make 500% sell the other half
ie. using 20/50
$10,000 invested in SNPK at .40 25000 shares he sells half 12500shares at .48 = $6000. Then he sells the other half when its only up 50% 12500x.60=$7500 + 6000= $13,500 a gain of only 35% on a stock that runs 600%
Lets look at a still conservative 200/500%
sell 12500 at $1.2=$15000
sell 12500 at $2= $25000 + $15000= $40,000 and the stock ran for another .40 to $2.4 another full bag.
Using the 20/50 formula makes very little to no sense with the APS/PSE plays. It may make sense if
1. You are playing any other promotion that only covers a stock for a matter of days then on to the next
2. You can't read a chart
3. you are a salad day investor (green)
The APS plays run for 4-8 weeks and delivery 4-8 baggers. 50% is pathetic 20% is an insult.
Chiron I'm hoping for .05 with a bounce above a dime
I would like to remind you this was a very very solid 6 bagger from .40 to $2.4. So there was lots of opportunity to make money in the 6-8 weeks it was running. If you buy into a stock after a 6 bag run coming down the backside expect to take losses. There has been 3 excellent 50-100% bounces as well on the way down the backside. We may get another one here in the coming days when the boys at the fish hatchery take a siesta. The life span on pennystocks is much shorter than large company stocks. But that what makes them more fun and exciting. If you don't like it or can't handle the pressure and most important can't read a chart trade elsewhere. It won't matter because there is a new bagholder born every minute.
SNPK is in the share swimming phase. At the start they had about 500million shares to release. Think of those shares as fish. The first fish out of the fish hatchery into the river had lots of room to maneuver. So going upstream was easy. As time went on more fish in the river meant harder to swim upstream. And now the last fish are being released into the already crowded river.
Trying to go upstream is very difficult and tiring. Some of the fish have died off and are floating on top of the river as they get wash downstream. Every once in a while the guys working at the hatchery will take a break or a nap and the waters will clear and then the will be a mad dash to swim upstream. This will last for a little while until they wake up and come dump some more fish into the river.
The guys at APS are busy scouting out a new river with fresh water that promise to have excellent fishing.
I already played 3 bounces on this the last one only gave 25% window from the bottom to the top. That's why the last and most important part, When is the next APS play?