Sungold Gaming International (SGGNF) Message Board

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Non-Tech : Sungold Gaming International (SGGNF)

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To: Roger G. Budgell who wrote (3182)	2/19/1999 1:41:00 PM
From: kidl	Read Replies (1) of 5164

Hi Roger, Maybe there is one more question worth pondering. It's the one that no one I have spoken to recently, has been able to answer: Let's assume for a moment that bad news are in fact being withheld from shareholders. Who would benefit and how? Obvious answer: INSIDERS by selling their paper. Trouble with this scenario, there is just not enough trading volume especially if you consider the double accounting of trades on Nasdaq. Also, every other time I got nailed by insider selling, it always happened as a P & D. In this case I fail to see the Pump portion of the equation. Less obvious answer: Kim needs to hang on to his salary as long as possible. A bit hard to believe given Kim's family background and my estimate that his salary may not not even cover the cost for his favorite past time, horses. Anyone out there with a logic explanation for withholding negative news? Regards kidl

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