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Thread: Snakk

  1. #2081
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    Quote Originally Posted by moosie_900 View Post
    ...and nothing cones of it because some one can't keep their finger off the trigger. Someone needs a lesson in hype management and how to benefit from it...
    Too many of them competing to dump. Imagine what a positive 100% increase in shareprice article on back of announcement could have done for volume.

  2. #2082
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    Quote Originally Posted by snapiti View Post
    The big question is the smart money buying or is the smart money selling.
    Well we know Handley is selling, so I figure that the smart money must be buying

  3. #2083
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    It is a kind of company that smart money would avoid in buying.

  4. #2084
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    Quote Originally Posted by Swiftideas View Post
    Bakery Boys had their fingers in Snakk via the Hyperfactory. They've been in deep since before 2008 - http://www.nbr.co.nz/article/42-belo...-venture-35670


    Sorenson & Seadragon bought into Snakk in 2010 - only a few months after the Hyperfactory sale went through - risky times for Snakk hence the price - https://nzx.com/companies/SEA/announcements/204214


    Early stage investors take highest risk and so deserve their profit. What is the actual problem here?
    Have a close look at Snakk's financials before the $6m was raised from the market.

    Bugger all money was put into Snakk and early stage investors do not sell out normally until company has traction and reached certain milestones.

    What are Snakk's milestones?

  5. #2085
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    Quote Originally Posted by Balance View Post
    Have a close look at Snakk's financials before the $6m was raised from the market.

    Bugger all money was put into Snakk and early stage investors do not sell out normally until company has traction and reached certain milestones.

    What are Snakk's milestones?
    I wouldn't touch it even with your barge pole, Balance.

    It's about as greasy as a big sweaty Kim Dotcom.

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    Quote Originally Posted by robbo24 View Post
    I wouldn't touch it even with your barge pole, Balance.

    It's about as greasy as a big sweaty Kim Dotcom.
    You can't win if your not in now can you and some rides are fun

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    Quote Originally Posted by couta1 View Post
    You can't win if your not in now can you and some rides are fun
    On a lopsided playing field, you expect to win?

    When the selling is all done, watch for the news flow to stop and like Aquaria 21 (remember the last great corporate hero, Eric Watson, was going to list FlyingPig.com via a backdoor list), who will be left holding the creaming baby?

  8. #2088
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    Quote Originally Posted by couta1 View Post
    You can't win if your not in now can you and some rides are fun
    There's too much greasiness with SNK.

    I alwayss beware the irrational actor claiming to act out of greater good, for starters.

    I don't care to be sold down the river for the good of business run by Polynesian women whether Handley thinks it's good or not.

  9. #2089
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    Too Jucy for Blocky

  10. #2090
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    Quote Originally Posted by moosie_900 View Post
    Don't ya just love HPF investments today? Boys must need another Ferrari by the looks of it.
    I'm sure you're at the front of the line to assist them in their endeavour by buying up large Moosie

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