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Non-Tech : Sungold Gaming International (SGGNF)

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To: jetfighter_09 who wrote (1860)2/26/1998 8:48:00 PM
From: John Lawrence  Read Replies (1) of 5164
 
Wannabe longs might attempt to scare down the price to get in cheap

Call me naive if you want, but until recently I thought that only shorts would deliberately want to create fear. Now I'm thinking that there may be unscrupulous shareholders who want to increase their positions, or people who wannabe long on this company, but would really like to buy in at as low a price as possible. Look at post 1833 again.

This may be paranoia again, but such wannabe longs, who know the potential for this company, may post on this thread, and appear to know something about the company. These people could say that they have been long-term shareholders and great believers in SGGNF. They could subtly attempt to create massive doubts and fears by spreading false, but believable, information.

The purpose would be to scare up some cheap stock for themselves to buy. These people would be prepared to sacrifice long-term shareholders, or even their own short term paper profits. Later, these unscrupulous critters, who know that positive developments will occur soon, could reap their ill-gotten gains.

I'm just talking hypothetically here. No one need take offense, but it may be healthy to keep in mind that the sowers of doubt may come in various disguises. It reminds me of a good tune from Lyle Lovett that I heard recently. The refrain was, "She wasn't good, but she had good intentions."
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