SANGUINE CORP. (SGNC) Message Board

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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: Dixie7777 who wrote (327)	6/12/1998 11:49:00 AM
From: Gwolf	of 5402

Dixie, let me help you with your education. If I'm a MM and I'm short hundreds of thousands of shares and I think the stock is going much higher what do I do. Okay, say I'm short 250,000 shares at $1.12, if I can get old shareholders to sell at $.90 - $.93 which is exactly what occurred if you check times and sales, then you make the spread, That's $.19 to $.21. In addition you get to take the pressure off, you no longer have to worry about your $1.12 short running to $4-$5. When you first posted this you didn't see any selling but after a while it showed up didn't it. The only trouble now is that there aren't that many old shareholders in this stock, so what will the MM's do. Well of course they get people to start talking the stock down in order to stop the blood letting. ( couldn't help myself on that one). Gwolf

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