SnooGoo which sounds like No Go, was certainly a go today. Speculators jumped all over this one and it was off to the races.
Market Action
SGOO as of 1:15 was trading at .0678 up a crazy 580% adding .05825 to yesterdays close. Volume was 2.5 million shares almost 100 times its 30 day average volume of 29,870 shares a day. SGOO opened at .02 and .08. Some quote systems show a high of .22 today but I went through all the time and sales and didn’t see anything above .08.
SnooGoo Corp is listed on the OTCmarkets website as:
Pink No Information, Delinquent SEC Reporting, Shell and carries the following warning
Warning! This company may not be making material information publicly available
Buying or selling a security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties
The company’s transfer agent has verified its outstanding shares directly to OTC Markets.
Tough to say what got investors all excited about this one today. There was no news, no filings, and nothing to find on the busy social media sites investors use. Stay tuned and see what if anything happens here.
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