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Biotech / Medical : SANGUINE CORP. (SGNC)

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To: Prospector who wrote (4120)9/23/1998 5:57:00 PM
From: CrazyTrain  Read Replies (2) of 5402
 
Speaking of RUMORS...

It looks like another case of buy on the rumor and sell on the news. Where are all the cheerleaders today? I think this stock has some very good long term potential as some very reasonable people on this thread have mentioned, but it's going to take time...lots of time, IMHO.

Unfortuantly I have seen this before and I predict that this stock will now drop to an all new low before it runs up again. Too much expectation on the news and now look at it. The only thing that I see that could turn it around now is a buyout from a large firm or an institutional buyer.

Not knocking the company, the product or the management but there are too many "good" buys out there that are happening right now. I hope I'm wrong and I will be watching. Good luck to all SGNC investors.
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