Santo Mining Corp (SANP)

[SteveWin]

Nope. EVERY 0001 bought on Wed/Thurs was bought by one buyer with an order for 2 BILLION (approx..) at 0001. NOBODY ELSE was buying this in any quantity (daily volumes around 1.5 mil avg) for 2½ years. There's been a standing ask volume around 600 million at 0001 that whole time. This buyer jumped in, snapped up all 600 mil Weds AM, and the list of 0002 sell orders popped up. That list included folks who placed those sells months ago, and they were all bought up at Thursday close.

Thursday, some folks posted new sells at 0002, and other folks started buying those, thinking "something's happening with $SANP" (they might be right..). The original 2Bn order is still only partially filled, it pops up now and then when all the new 0002 orders are filled. Until that massive order gets filled, it's older than any other 0001 buy orders out there, so nobody else can buy 0001 until that order is filled.. so nobody (except maybe that whale, but why would he drive up the price if his desire is to own 2Bn shares? Sell at 0002 only to buy back at 0002,3,4..?) anyway, nobody ELSE.. has bought 0001s Wednesday and sold them Thursday at 0002.

The point here is that the 2Bn buy order has created a huge volume spike, and has generated some speculation and interest in this ticker. I think the massive buy was accumulation in preparation for a pump&dump - I think this will hit 0025, so anyone buying at 0003 who gets out at 0025 will have an 8-bagger.. and this whale wil have a 25 bagger on his (estimated, so far) $250,000 gamble. Still, 8X in a couple weeks is damn good money, and I hope some folks get in early and have a nice ride!

GLTA..