SAID IT ONCE PRICE INCREASE DRIVEN BY MERGER/ACQUISITION...
I posted this on Feb.6th only 3 days after we got the huge spike in volume. Now 3 weeks later we are still surging on higher volume then the normal volume over the past several months. The daytraders flippers are not trading the kind of volume we have seen over the past 3 weeks. Look at the post this morning everyone is asking everyone to buy. Then all of a sudden big volume moves in and we get a nice movement up. MM's walk it down to shake shares loose for the next leg up so they will have more to sell to those big buyers. This is only getting into stronger and stronger hands and the float will only get smaller and smaller as well. We are not the ones moving or controlling this stock. This is going up because of MAJOR ACCUMULATION. It is so easy to see on level 2. And remember all this started 3 days after SNDY RESTRICTED 43 MILLION SHARES.
It is very obvious these RESTRICTED SHARES are related to this price/volume movement.
Here is my post from Feb. 6th
Well it seems that our recent price/volume increase is because of a merger/acquisition deal. At least that is what I'm hearing. And the fact that we just seen an increase on 1/28/2013 on RESTRICTED STOCK SHARES further gives support to the fact that a merger/acquisition deal has happened. Insiders are usually given restricted stock after merger and acquisition activity, and affiliate ownership in order to prevent premature selling(to keep from selling shares as the share price increases) that might adversely affect the company. Or they might of used these RESTRICTED SHARES to obtain their new partner. The good thing is restricted stock cannot be sold without registration with the SEC.
We seen from the post yesterday the O/S was increased from:
661,834,365 to 704,601,507 and increase of 42,767,142
but we also see that the shares increased were RESTRICTED SHARES.
Now over the past few years SNDY RESTRICTED SHARES has been
15,341,495 and as of 1/28/2013 they went to 58,198,637. That is an RESTRICTED SHARE increase of 42,857,142. It looks like not only did they RESTRICT ever share added to the O/S, but they also added 90,000 shares more from their previous O/S count. Restricted shares increased 42,857,142 - O/S increased 42,767,142 = 90,000 more shares RESTRICTED then added to the O/S increase.
Now we know why SNDY has had such huge volume starting on Feb. 1st. This is not running because of the audit coming at the end of the month, it is running because of a merger/acquisition deal. Volume is big for a reason, a big reason. This took off out of no where. Also remember for SNDY to get their CE mark they must have a EU partnership. Things are moving nicely ahead for SNDY. The future is looking very bright.
Here we are 3 weeks later and we are still trading up on heavier then normal volume. This is not 1 week, but we are talking 3 weeks here. And remember this all started when the RESTRICTED SHARES came into play. When this news hits, it is going to be big. Smart money is buying now while it is cheap.
Take care my friends,
Mike
