i was one of those that never received my premium, so I was obviously suspect right away. If all the emails came out with the sisters, I probably would have felt relaxed and held full position for an o/n hold (if I were able to get shares). Looking back at all the dailies I screenshot though, SNPK was the only one that had a weak power hour and a strong day 2 - any others that weren't great in the last hour had little left in them....that should be something to watch for sure.
it's frustrating - they could have actually succeeded on the premium deal if they wanted to (or had intelligence) - you release accordingly with NO block and PM frontload - you let the subscribers buy and create their own volume - hold back your paper to confuse the subscribers and any that leaked, then you could drop the paper bombs minutes before the regular emails go out. Boom, subscribers that held do well (even though confused and many may have sold but no one to blame but themselves since you did an honest release)....you then go back and say, we will open up 2000 more spots, but the price is now $200/month etc etc - people will buy - instead, 80% of us cancelled.
This is how I'd run it, it would succeed, but I suspect he doesn't give a crap and just likes screwing with people - that premium money is a drop in a bucket when you think about the money they pull out of each deal.
The cancel threat - very smart and I thought about the only thing they could do to try to stop the spread if they really cared about that, but no credibility with the PM trades and obvious leak.
Like I said, trade scared and the pain will be minimized - I really can't remember last time I got royally screwed on a A grade promo (say more than 1k loss) (think it was the one pennypic leaked hints to so we figured it out and they canceled - immediate 70% haircut)...I have traded with fear all along since and it helps.
