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: Donald R. Harris who wrote (1183)9/17/1997 4:01:00 PM
From: John Lawrence   of 5164
 
Donald, have you confirmed buyers for over 600,000 shares?!

WOW is right. Are you getting most of the interest from new investors, or from existing shareholders?

Where will the buyers find the shares? There's only about 1,600,000 shares in the public float, and most of those are held by committed long term investors.

I'm not about to feel sorry for the shorts, but how are they going
to find over 500,000 shares that they need to cover their positions?

From the numbers you've given it would seem that there aren't enough shares to go around.

When do we find out the name and location of the market maker?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext