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Member
Originally Posted by AlwaysElephants
Indeed, somebody with some serious balls (or blind crazy, not sure which) that bought 40,000 shares at 12c this morning is looking at 150% gain in under 3 hours, that's over $7k. Not bad for a couple hours work.
With the shares costing less than $5000 this morning I don't think that person has to be either crazy or brave. 5K is pocket change for some and at least one was prepared to take the punt..... good on them. Now I just hope they surface here so I can give them a pat on the back.
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Well, if I was the major shareholder, with an imminent SSP in the wings, I reckon I'd happily spend some pin money to hold the price up.......
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Sparky The Clown. It impresses a group of idiots. They think it is another Facebook
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This is not a positive story.
60 million market cap, virtually no actual business.
In a dozen different ways, I'm seeing dumb money start to get active again.
I'm starting to take a little bit of risk off the table.
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Never try to teach a pig to sing. It wastes your time and annoys the pig.
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Already have enough risk in my portfolio, so I'll be passing for the time being. Those who bought yesterday and this morning will have learnt a lesson the hard way!
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Well, I just snacked on some SNK.... picked up 20k at 14c.. there back on the sell at 18c...lets see if i suffer from presnkulation with my buying finger... or end up snkisfied
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Originally Posted by croesus
Well, I just snacked on some SNK.... picked up 20k at 14c.. there back on the sell at 18c...lets see if i suffer from presnkulation with my buying finger... or end up snkisfied
You're one brave man! Just hit 12c, nervous?
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No, watched the speeches... I think Tumeric put them up.... hes young and smart...oversold now..IMHO.
would be a gibbering wreck though, if I had payed north of 24c
cheers
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Member
so, a speculative play for tomorrow then?
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Given you actually need to be on the register to be able to participate in the SPP, I guess a lot of the great unwashed picked up small parcels at any old price, just to achieve that status.
I did this with XRO a couple of years ago, paid $1.30 for 200 shares to be able to pick up bulk at 90 cents.
got snakked though, as sold out far too soon.......
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