Posted on 07 September 2010 by admin
Good Evening,
As much as we try to stay away from scenarios like today; they sometimes sneak past and get the best of us.
SNEYD was a perfect example of how greedy shareholders can screw up a great looking chart. We thought SNEYD had leveled out and found a nice bottom but today's trading proved that to be wrong. The SNEYD market opened strong this morning but relentless selling of the stock drove the prices down. This is why we encourage you to use your Stop Loss feature, so that in a case like SNEYD, you are protected from taking too big of a loss.
All of us here at PennyPayday were caught off guard by SNEYD's performance today and would like to apologize for the fiasco.
On a good note we are looking to introduce a new trade idea by the end of the week. We are jumping through all the necessary hoops to make sure that you are in the best position to capitalize on this next opportunity. We owe you guys a winning idea and we'll be heavy on our DD until we find it!
Until then we encourage you to continue visiting
http://www.pennypayday.com/, and read our unique content on some of the markets best and worst small-cap stocks. Our team of journalist are constantly working hard to produce articles that are up-to-the-minute on the market and informative for investors.
Best Regards,
PPD Team
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