SGII Message Board - Msg: 6151267

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Microcap & Penny Stocks : SGII

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To: Christopher Horner who wrote (257)	10/24/1998 10:38:00 PM
From: Emec	Read Replies (1) of 1051

Christopher, Thank you for your very well written and thought out post. I am with you all the way except I don't know why Joe keeps asking everyone to ask our brokers to move the stock into cah accounts since they are alreay there. A stock like SGII automatically goes into this type of account. One does not need to borrow stock to short it offshore. It is referred to as naked shorting and it happens all the time. I do believe that SGII is on the verge of greatness. I am a fairly new shareholder with an average basis of around 50 cents. I feel for you long time shareholders who paid double digits for the stock but I consider it a gift to be buying at these levels. yes, there is risk to buying this stock (as there is with any stock) but I believe the risk/reward justifies purchase at this point in the history of the company. Can this stock be a $50 stock in 5 years? I do not think that it is impossible. How about if it only does 10% of that and makes it to $5? That is a ten fold return in 5 years which would still make me pretty happy.

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