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Non-Tech : Sungold Gaming International (SGGNF)

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To: Carol Barnes who wrote (3207)2/24/1999 9:58:00 PM
From: kidl  Read Replies (1) of 5164
 
Carol,
Just to add to your observation: 3000, 2400, 2200, 400 shares traded since we had the news.
Allowing for double MM accounting, this translates into an average of 1000 shares per day sold.
Assuming 1 Mil short = 1000 trading days = approx. 4 years
Assuming 2.5 Mil short = 2500 trading days ...
Guess their only hope is that Sungold goes bust.
It's not easy to be long these days but it must be a lot harder on the old nerves if you are short.
Regards
kidl (who loves to squeeze:-)
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