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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: Sojourner Smith who wrote (295)6/12/1998 10:38:00 AM
From: Gwolf  Read Replies (2) of 5402
 
The reason you're seeing good volume and no real price movement is that all the old shareholders that have been in this stock for ever just realized that they can now sell at a profit - so they are. They don't realize that they company is about to get funding and will be entering clinical trials. As soon as the buying eats through this overhang you should have clear sailing, I've seen this before.

Gwolf
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