Posted On: 08/08/2012 7:46:37 AM
Post# of 1850
SNEY’s recent volume trading
Scenario #1
The large blocks of shares being sold could be someone would was issued shares that came off of restriction. There were tons of shares issued for .0025 and if sold at .005 or higher the individual will at least double their money.
If the person believes in the company, they may take some of the profit and exercise some the warrants that was attached to the original purchase.
Scenario #2
There is a new investor in SNEY that wants in a major way. They established their order limits and waited for it to fill.
Scenario #3
A combination of scenario #1 and #2 or whatever really happened.
This is all just speculation however expect more, much more of it. It is part of the wild wild OTC. Something to think about is not who is selling but who is BUYING ALL THE SHARES being sold
Beginner's Corner
Scenario #1
The large blocks of shares being sold could be someone would was issued shares that came off of restriction. There were tons of shares issued for .0025 and if sold at .005 or higher the individual will at least double their money.
If the person believes in the company, they may take some of the profit and exercise some the warrants that was attached to the original purchase.
Scenario #2
There is a new investor in SNEY that wants in a major way. They established their order limits and waited for it to fill.
Scenario #3
A combination of scenario #1 and #2 or whatever really happened.
This is all just speculation however expect more, much more of it. It is part of the wild wild OTC. Something to think about is not who is selling but who is BUYING ALL THE SHARES being sold
Beginner's Corner
(0)
(0)
