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Re: Derek2534 post# 16622

Sunday, 03/25/2012 2:27:33 PM

Sunday, March 25, 2012 2:27:33 PM

Post# of 38475
Derek, maybe you'd be kind enough to help me (and many others here) out with L2

I've made money and lost money watching L2 becasue I did what I thought the obvious right move and WHAM, the oppisite happened. I got out and lost out - or had to chase to get back in, or got in and it dropped huge.

Problem is - we could have, on SNPK for example, 6 MMs on Bid at .90 and 5 on Ask at .91, 2 at .92 and 2 at $1.00 for example. Within a MINUTE is could change to BID: 8 at .86 and 4 on ask at .89; drop to .82; and within 3-5 minutes be back to .92 or more.

Question is HOW do you know when it's REALLY crashing or just shaking us or a big head fake?

I'd love to be able to "trade" this a couple of times on the way up, but I don't think I'm good enough or experienced enough to try it and make bank...... I'd love to sell for the first time at like $1.23, see it soon after drop to .90; get back in with free shares, and ride it up to $165 or even $2.00 - This is all suppossition - who knows if this will even drop 20% or so on the way to $2.00 - IF it even gets that high...

Also - help from anyone who's really experienced in L2 is appreciated as well!

Thanks in advance for your expertise and help here....

Good Luck to us all!

GO SNPK GO GO GO GO GO !!!!!!!!!!!