SNPK - Sunpeaks Ventures Inc

Good afternoon newbie here dunno really where to post with my questions so lurking.

I have been following snpk since another board said to buy buy buy on it. it started at .07 and is currently @ 1.95 (last I looked). I really think today is it's "peak" day. looking to see what others say.

I bought this stock at .60 

What the f...... Joined you at 1.44, just got home !

Still lots of people selling.
 

Quote:

Originally Posted by Philosuffer 

I was sick to stomach to see such a drop..when it dropped like this last time, it covered the drop in 2 days.

I hope it would do the same now..

If it doesnt bounce of $1 im out, it looks like this is going to be the worst trade I've ever made. 

Quote:

Originally Posted by Philosuffer 

bought 10,000 shares of SNPK at 2.31

Every dip in this one was bought up and it keeps going up so strongly day after day.

So, getting in for the ride. Nothing shows that it is done with the rally, who knows where it will go..

 

Such a strong demand even for a small dip

Rut roh.

These are always risky plays

Quote:

Originally Posted by Philosuffer 

I was sick to stomach to see such a drop..when it dropped like this last time, it covered the drop in 2 days.

I hope it would do the same now..

I am still holding on to the 2000 shares I bought at 2.2.  I'm new to trading.  What do you guys think?

what caused this drop?

So what did you end up doing?  I think it will climb towards the end of the day.  Still holding on to 2000 shares i bought at 2.2

that sucks. my mobile phone is too slow to catch drops like this. it started climbing back up too fast by the time i noticed this. .65!!!! crazy

Well I'm guessing this was the dump, in the "pump&dump" ! But its climbing back up, question is how much. So might have a chance to recover, and actually make money right now
 

Quote:

Originally Posted by RetireYoung 

what caused this drop?

It's hovering around 1.5 now

Sure its not $1,- ?
 

Quote:

Originally Posted by indeficit2 

It's hovering around 1.5 now

oops sorry i meant 1.05

Sorry buddy, this looks like it was a pump and dump stock. you will probably never see 2.2 or anything close to that again. be ready to sell for a loss. if you keep holding there is a good chance this will drop much more. Do you know what this company does? its fundamentals? if not, then by looking the charts its rise is over. NSRS just did the same thing recently. From is initial open at .07 it climbed to 1.75, now it is trading at ~.07

 

Quote:

Originally Posted by indeficit2 

So what did you end up doing?  I think it will climb towards the end of the day.  Still holding on to 2000 shares i bought at 2.2

Went up to 1.05 now going back down to 0.9s in the last 10mins. 

Edit: I bought some at 0.72 and sold when it reached 1.00... Not down to hold this for longer, this drop was massive compared to the other 2 smaller ones it had before. Not sure if it'll recover all the way back to 2.2.