and Balance to the Snakk thread :)
Best Wishes
Paper Tiger
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My feeling is that with the number of trades at 7 to 7.5 including that half mill at 7 we are indeed at an equilibrium point .If Mr S is an intelligent person which I think he is then he will realize at some time that stepping back a little can only help his cause.Apart from him and that other large holder there appear to only be some panic merchants.Question is do they need money.
If it settles then 8 or 9 could easily be achieved and any upward momentum may continue short term.I think it was Newtons theory, 'For each action etc.'
Why are we just focusing who is selling.. there is interest, someone is buying from these big sellers. If no one was buying then its a problem. I think the co will perform. As I said before why don't we all together buy out this big seller and then direct the co to where we want it to go.
Simple - because so far the mugs have been buying ($6m at 12c, and all the way to 7c) and the sellers have been laughing their heads off.
Those buying Rakon all the way from $1.00 down to 20 cents probably thought they were buying well, at every price step down.
How far will it go - question is what is Snakk worth?
Try a comparison with MBE - then use your head, rather than greed and fear of missing out, to decide on a entry point.
[QUOTE=Balance;430113]Simple - because so far the mugs have been buying ($6m at 12c, and all the way to 7c) and the sellers have been laughing their heads off.
Those buying Rakon all the way from $1.00 down to 20 cents probably thought they were buying well, at every price step down.
How far will it go - question is what is Snakk worth?
Okey, got your point. Thanks Balance for your infor.