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TMcNasty

05/26/12 7:52 PM

#18640 RE: neophyte184 #18634

Why wouldn't I mention SNPK's 'e' status? SNPK was their last pick and SNPK's chart is GWBU's future. The same way NSRS' was SNPK's future.
You seem to be speaking of GWBU as if you're blissfully long it, but at the same time you're completely aware of the fact that this is a PnD.
Their last pick was SNPK. That's all that needs saying. The good part with that play was that if you got in early and had the balls to hold you could have been very far away from you entry when the final dump hit. A cushion so to speak.
Not much of a cushion here if the next dip turns out to be the dump. Anyone in over $1 can start losing capital in a hurry. That's why GWBU sucks here imho. It's not going up giving you a cushion OR a profit.
With that being the case why be long at all? Why not just watch it and wait for this mythical post-TBX breakout you're counting on and buy it then? That way if it shits SNPK style and never returns your $ will be safe.
Just my .02c there. Being long a pump is dangerous enough. At least for my troubles I wanna see some upward movement NOW...not later.
GWBU was a good runner I missed, but only for a couple days. Now it's just flat. Yuck.