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

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To: John S who wrote (473)5/9/1999 11:10:00 PM
From: PROBABILITE   of 776
 
John S. , I see that others have responded to you. It is wonderful the work of team. They have well responded.

In my analysis of volume (post #425), Brokers don't trade for their own profit. I make (or guess) a link with the warrants and TK + Global. Those two house have sold 8.8 million since April 8 1999. That make 39% of outstanding share. They owe to be near of the company (39% it is much). If you believe that the deal is done and that those two house are near of the company, they can't to be seller. It stay one explanation. They sell a lot of share that they don't have. It is the new shares with the exercise of warrant at 0.175 and 0.50. The pattern of price of SBX since April 8 1999 match with exercise price of warrant and date of sale of their shares. The maximum of new shares is about 12 million. If my guess is correct, this wall of seller will fall soon.

My analysis explain the price of share and seller. The most important for us is that the deal will be done or not.

Good luck at all.

PROBABILITE.
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