SSS 3.92% 4.9¢ sam's seafood holdings limited

Well for the record SL, I’ve been doing some more research...

  1. 5,363 Posts.
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    Well for the record SL, I’ve been doing some more research tonight, and lets just say the current volume in the last week has been nearly more then the entire year to date... I think times are changing for this company, and by the sounds of it they are serious about re-establishing themselves and what they stand for, even something as simple as the name change to Pan Asia Corporation Ltd with shareholders approval at the next GM is a kick in the right direction, this will get a re-rating all round. I’m seeing this company as nothing to do with its past, really a new company in the making... I just have a hunch this thing is going to fly over the next year, this is more then just a hype.. Time will tell... Like I said previously, I’ve just taken a punt grabbing 700K of shares at .015, I did manage to buy some early this week at .013 and sell at .018, but that was only 150K worth... after watching the action here I decided to load up a little more... watching the big punters grabbing the likes of $60K worth, and snapping up anything they could at .015 average I kind of thought alarms are being sounded here....

    I have seen the accumulation plays at least 5 times this week, there is a holder with about 11million pops up now and then on the sell side to scare people, he is very fast, some times he is like there for less then a minute, but its enough for nervous investors to sell into the buy side...

    I’m thinking Pan Asia Corp may be worthy of a long term hold, I’m kind of thinking it might be worth joining the accumulators... I’m planning on taking this one a little more serious as of tonight, going to make a few phone calls myself next week and see if the DM is genuine about the direction of this company...

    Sam's Seafood is a thing of the past, and this time next year it wont even be worth a mention of they’re past actions, new investors will just roll there eyes at post’s about Sam’s Seafood and there past managment... Pan Asia Corp will be another exploration company in a sector that is getting snapped up by the big boys... give this time I say... more research needed, but well worthy of watching to say the least...

    Best wishes to holders I say
    re
    Drew
 
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Currently unlisted public company.

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