Snakk

[BobbyMorocco]

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.

[Xerof]

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.......

[POSSUM THE CAT]

Sparky The Clown. It impresses a group of idiots. They think it is another Facebook

[Stranger_Danger]

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.

[JohnnyTheHorse]

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!

[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

[JohnnyTheHorse]

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?

[croesus]

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

[Blendy]

so, a speculative play for tomorrow then?

[Xerof]

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.......