RE: snappyso far in May we have traded just over 4 million shares at an average price of $6.07.
morgan stanley and cannacord alone have eaten almost 500k of those shares - > 10%
12 million traded last month at an average cost of just under $5
cannacord - credi suisse and Haywood were almost 1 million net consumer in April
that seems to be setting a pretty good base forming here with a decent cost base in the $5 plus range.
keeping above $5 also allows for a good margin allowance which should allow for more activity