knifty knitting

well Ive not had much time to work on any of my current projects but i did make an impulse buy at walmart the other day (so much for my budget and being frugal)i got a knifty knitter loom set. i thought it would be easier to make a few dish clothes and socks on , well to my dismay the knits are way to lose i guess i need to get one where the pegs are smaller and closer together.. so if anyone out there has one and has had success let me know.. the round one i bought is OK. im just a little disappointed.well i guess im off to bed it has been a long night.