The day today could be described as, um...crushing, brutal, shocking, and for me...embarrassing.

 

The tiny bit of good news is this, CIST, my alert from last week, was up about 9.5% today and has been up for the past 3 days in a row.  Also, a pick of mine from a while back, Aug 21 2009, CUM (yes, yes, lol), which is actually CUM.TO, because it trades on the Toronto Exchange...hit a new 52 week high yesterday of $2.86, up 120% since my alert.  I know this is all of little consolation, so here is the bad news...

 

SXLP, my "alert of the month", was a flop.  It closed down almost 13% today. Now it could still come back, but if you guys played it safe and used a tight stop (like you should) you're probably already out of it.  I really feel like a first class moron on this one.  Not because it was a losing pick (at least it's losing so-far), but because of how much I hyped it up.  I have one of the best, if not THE best track record of any newsletter...however, just like everyone else, I do send out losers sometimes.  Everybody does, from fellow newsletters to Mr. Jim Cramer, we all send out some winners, some break evens, and some losers.

 

I don't regret sending it out.  It really had an AMAZING trading setup.  We had great news, a seemingly stable base just below our entry point, and were the first of several big newsletters to cover it.  You truly cannot ask to be setup for a trade better than that.  It was literally pretty much perfect.  The whole point of this newsletter is to alert you guys to either great undervalued companies, or great trading opportunities (or both).  So when a trading opportunity like SXLP comes along, of course I'm going to send it out.  It just so happens that this one went against us.  I don't even think I was wrong to hype it up so much, because I genuinely had extreme confidence in this one and wanted you guys to know that, but...sadly, I was just wrong.  I don't know if it was short-sellers, or just a major seller, or people who were in SXLP before my alert taking profits.  I don't know what it was but it went against us and broke through the $1 support level beneath us.

 

So I'm not sorry that I sent it out because it was a really great setup, but I sincerely HATE seeing you guys lose money off of my picks so I do sincerely and profusely apologize to anyone who lost money.  I've been depressed all day watching SXLP get hammered. 

 

In the face of this loss, let's at least walk away with a lesson.  Listen to me when I say that no matter how confident I am in a pick or how perfectly we are set up, you should ALWAYS trade with caution and use a stop so if I'm wrong...at least you probably won't lose too much.  I hyped it up big because I thought we had a sure winner, but I'm not psychic so I CAN be wrong.  The truth is small caps are very volatile and make huge price movements in both direction, and a company closing the day down under 13% isn't really that bad...but I know I really hyped this one up, expectations were high, and SXLP did not deliver. 

 

To end on a slightly bright note, the last time I sent out a pick that went straight down after I sent it out, I followed up by sending out three back to back winners (two of which were 50-100% gainers).  I will really try my best to do the same this time.  Also, TWO of the biggest and most powerful newsletters in the industry sent out an alert on SXLP last night.  The volume after my alert was bigger than the volume of TWO heavyweights combined!  This shows that we are rapidly becoming the most powerful newsletter anywhere!  I know we don't care about volume, we care about gains.  Still though, this is a good sign for our future.  With our membership base getting bigger and bigger everyday, and the majority of picks being winners, I am confident I will comeback hard with more winners in the future, and with our power hopefully the winners will get bigger and bigger.

 

Signing off,

 

The Trader

 

 

This further reminds everyone to do your own research and make your own decisions on my picks, don't just listen to me.  It's always best to consult w/ a licensed professional as well.

 

 

Disclaimer – By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time.  We are not registered or licensed in any jurisdiction whatsoever to provide financial advice or anything of an advisory nature.  Always do your own research and/or consult with an investment professional before investing.  Low priced stocks are speculative and carry a high degree of risk, so only invest what you can afford to lose.  By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.  We do not advise any reader take any specific action.  Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads.  Our website and newsletter is for entertainment purposes only.  Never invest purely based on our alerts.  Gains mentioned in our newsletter and on our website may be based on EOD or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices.  We were not compensated for coverage of cum.  We have been compensated up to twenty thousand dollars by a third party to profile sxlp. We have been compensated twenty thousand dollars to profile cist by a different third party.  This compensation constitutes a conflict of interest  Therefore this newsletter should be read as a commercial advertisement only.  The third party or their affiliates may wish to liquidate shares, which has the potential to hurt share prices.  Our emails may contain Forward Loking Statements, which are not guaranteed to materialize due to a variety of factors.  We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters.  The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified. The information in our disclaimers is subject to change at any time without notice.  See full disclaimer at topgunstockpicks/disclaimer