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Paul Wall

05/05/12 10:33 PM

#34036 RE: Joeeeeey #34035

Sucks man, but don't average down. This thing is going into the tank. It might rebound some but it is going down. Get in the next pick early instead of the top and you will get it all back.
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get_rich or di tryin

05/05/12 11:27 PM

#34044 RE: Joeeeeey #34035

Joeeeey, you can make good money with APS picks if you play them right. Get in the first or second day after the pick is released. 50-100% gains are almost guaranteed a day or two into the promotion.

Don't buy after the stock has risen 500% or more.

SNPK is dead, it's not gonna bounce back to 60 cents or whatever your average is. It's gonna keep making new lows until it goes below a dime.

I would advice you to sell your shares Monday, and use that money on the next APS pick. Don't read what those APS emails say. Their picks are pump and dumps 101. Get in early and get out early.
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Garyst

05/05/12 11:57 PM

#34045 RE: Joeeeeey #34035

joeeeeey, your comment is the 100% reason I came on this site and started to Post 1 1/2 years ago. I know exactly what you are talking about and can appreciate like you said that you can't lose anymore money being you are in School. Many here would say to you "He should have known better and not got into this".

If anyone is thinking about making that comment to this Poster I say spare your time.

This is an example of what I post about so often and also here on SNPK. It is easy for many of us to post this and that for our own benefit and then exit. That is NOT right and not me. I exited SNPK close to two weeks ago with a nice gain here and spent my time trying to offer good guidance to those that are still in being I had posted so much and so many Boardmarked me.

I can't tell you what to do at this point but rather just a few vague options. I know you are young and need the money and can't afford to lose any more. I would probably not depend on SNPK to make you anymore IMO. Just being honest. It is always a tough call to sell and walk away with a loss but IMO that "May" be the best move for you and know that you have learned a lesson here with SNPK. There are many other opportunites out there to have a better chance of recouping your money back. JMO.

Make your own decision and I wish the best to you and feel for you. If you have any questions feel free to ask them and some will reply with honest and sincere Posts.

Take care.



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Love the Market

05/06/12 1:07 AM

#34052 RE: Joeeeeey #34035

Joeeeeey, Garyst is one of the, if not the wisest people on this board, imo. I would take what he says "to the bank" rather than a grain of salt. I am now where he was 10+ years ago. He and I have shared here and via PM's - and he KNOWS how we all feel when we WIN, but ore importantly when we're DOWN or LOSE - and even LOSE BIG!

Good Luck to us ALL! Follow the advice of someone who's "Been There- Done That" instead of your emotions, because your emotions have NO place in Trading - (But SOMEHOW they always seem to show up unless your REALLY disciplined)!

Be Careful. If you lose it all here - Take a few months off and keep reading and learning.... and DON'T put ALL you money in one play looking for a "Grand Slam".... A bunch of singles and double will get you farther - BELIEVE ME!

Good Night!

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AnimeJoe

05/06/12 1:00 PM

#34075 RE: Joeeeeey #34035

You're right. They dump on Wednesdays and they dump BIG! It's almost the equivalent of massive haemorrhaging. It used to be that you could count on Thursdays and mostly Fridays for this stock to start to rebound but as of last week that is no longer the case. So that probably leaves the post weekend excitement of Monday trading as the best time to exit. I secured a small number of shares when the stock was haemorrhaging on Wednesday with plans to sell on Monday. If the stock doesn't move up much at all this Monday then you'll have to agree with Lenny here: