That's what I always thought as well. Snapper was a killer back in the Blade Auction days. Beat me out enough auctions to really piss me off.
Years later we met and he introduced me to a good friend of his. After a few beers his friend and I got into a conversation and he told me the true genesis of that handle.
But I can't tell, perhaps my troublemaker brother will share the details...Al
PS Hint, it might have to do with a flying wrench.