April 24, 2012 11:17 ET

Titanic Sunpeaks Ventures Inc. (SNPK) Hits Another Iceberg, Taking on Water Drops 40%, Then Rises a Bit as Bulkheads Seem to Hold

LAS VEGAS, NEVADA--(Marketwire - April 24, 2012) - At RocketAlerts we specialize in spotting highly reactive stocks that you can hitch your wagon to and make some outstanding gains. Sunpeaks Ventures Inc. (SNPK) has been one such stock for quite some time now but this morning it was sinking again after hitting another iceberg. It seems to us that in the long-term the company has some solid developments going for it but in the short/medium term it may significantly increase visits to the emergency room. To be sure this morning's volatility will please traders who jump in when it hits a low and jump off when it rebounds (as it is doing now) but for the average investor this kind of drama may be a bit too much.

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