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Non-Tech : Sungold Gaming International (SGGNF)

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To: Troy Griffin who wrote (3211)2/25/1999 3:48:00 PM
From: KIWI  Read Replies (3) of 5164
 
Hi Troy,
I read your post with interest, however IMO the shorts have all covered a long time ago since the market is made up of supply and demand.
A friend and myself have in excess of 35,000 shares for sale and would love to get a US$1.00 apiece but no such luck.
We all know most of the shorts were put on between CAN$12.00 to $16.00 so I can see no reason that a short would not bid at least $1.00 or even $2.00 US since that only translates to about CAN$1.50 to $3.00.
I know for a fact that their is enough disgruntled shareholders who would flood the market if a bid of US$2.00 was suddenly to appear.
I don't intend to burst anyones bubble but the facts speak for themselves.
I have no intention of selling at the present price, however if a price spike does occur it's bye bye sgi.

Regards,
Kiwi.
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