Snipp Interactive Inc V.SPN

Wall @ $0,18...why?

[francoisl13]

There's a big wall (ie.:750k shares approx.) at $0,18 this morning...don't get it, what's the purpose of doing that? Any ideas/thoughts will be appreciated.

[francoisl13]

Some explanations from 'reddit'... Sell walls: what they are

[Maggs]

History shows...There is always manipulation which is why it's much better to invest and judge the fundamentals on an ongoing basis. In my opinion...This company has got to have plenty of buyout interest for any number of positive reasons. It's really starting to look like that will be the only way the value ever gets unlocked. Nobody in their right mind would sell this unless they had too

[stockpickerone!]

Though for this company to be bought out imho. It's a horizontal play across inherently multiple vertical industries and that is what is its strength in terms of attracting clients but also it's weakness in terms of attracting investment. Truly disruptive if it works but in the meantime patience is the game as it builds and breaks traditional organization silos. More likely to attract

[stockpickerone!]

I meant "Tough for this company..."

[donlin2]

We won't see any hint of a buyout until volume and upward moves are sustained.  Too many times we see a "couple days" of excitement/interest, then it disappears for what it seems like months.....  conclusion, no new and large investors feeding on itself.......... imho.   Frustrating to say the least.

[Partwaythere]

Any indication given from Snipp on the next Q of financials ?

[OPENHEIMER]

No news, is bad news.  They bought this Gambit company and after researching a bit, they have sales of less than one million $$ a year. Two months ago when they transacted to buy them it was at a price of around $ 0.29 a share of SNP. Now it is $ 0.175 !  Something not going right. Before SNP would be eager to issue news releases, even after every time for the most mundane news ! 

[stockpickerone!]

They must have a plan. Only this month has been very quiet if you look at the average PRs by month. But agree. End of Q no big deals to announce? I was hoping for something today since the qtr ended yesterday but it is Friday. Let's see. Am still very excited