SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Sungold Gaming International (SGGNF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kidl who wrote (4780)4/10/2000 4:37:00 PM
From: OPINIONS!!!  Read Replies (1) of 5164
 
Kidl,

Re: Your question as to why I assume its speculators buying blocks of Sungold shares?

Well, simple logic tells me it must be speculators buying blocks of shares because really who in their right mind would invest a huge sum of money into Sungold? Given the history of Sungold someone would have to be brain dead or drowning in horseshit to invest that type of money! IMO, speculators are betting on a share price increase this week and whether its a noticeable increase or not doesn't matter to them because all they really need is a 1/8 or 1/4 pt. move to make themselves a handsome profit. Lets get serious, I hope no one out there believes the recent shares being bought are for long term investment!

Also the NR this week must have all the "numbers". You mentioned that you've never seen a NR that contained detailed information from a feasibility study. Well if that's your contention then what do you expect from the NR this week? Just a blurb saying the study is done and everything is okay? If a NR is based on a feasibility study then it should contain information such as the projected attendance, cost, financing, revenue.......all the "numbers"!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext