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Gold/Mining/Energy : Signature Brands Ltd.: (SBX:TSE) SGNTF

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To: Ally who wrote (459)5/8/1999 1:36:00 PM
From: Ed Pakstas  Read Replies (1) of 776
 
Ally.. Looking at the trading patterns, the stock failed to close below 0.50 for the past 5 days... Whenever the stock drifted below the .50 mark it was gobbled up fairly quickly...

BTW...DS is the biggest net buyer of this puppy with a positive net of over 800K... Most of the selling appears to be spread out between a couple of houses...Global and Thompson Kernaghan...

What I like about it is that it doesn't appear to be being dumped on like some stocks I know...It's offered out in an orderly fashion...If one wants it u pay for it, if not, well that's OK also...

Personally I think the Company Insider's are under great pressure to make this deal work, if they want to stay listed... The fact that they are already actively seeking exclusive rights for the adveritsing and selling of CD's on various sites and search engines, makes me want to hang on to this puppy...

I'f she drops down into the low .40's before the end of this month, I'm going to add to my position, but I think we'll see it at higher prices, before we see that price level again...

But then again what the 'ell do I know...I'm just a lowly shareholder...<gggg>

...ed
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