Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Sungold Gaming International (SGGNF) -- Ignore unavailable to you. Want to Upgrade?

To: Cyrus who wrote (1633)	1/22/1998 10:53:00 PM
From: L. D.	Read Replies (1) \| Respond to of 5164

To all: With the permission from Mr.Ted Carter below is an excerpt from his daily newsletter dated January 22 1998. <<SGGNF traded as high as 3.00 and as low as 2.50. The signs are that most of the selling has dried up as the trading range begins to narrow. It shows that the market makers are now having to increase their bids to entice shareholders to part with their stock. There is also not enough volume for the short sellers to make any substantial inroads in covering their position. If you really want to force these guys to buy in, send a fax to your broker requesting your non-rrsp and non-margin stock to be delivered within 72 hours. Any short seller unable to deliver will be bought in at whatever the market maker is offering. Also, if your broker tries to put you off by saying it could be three to six weeks before they can deliver stock, insist on 72 hours. Let's face it, he sure makes you deliver stock or cash within 72 hours if you make a sell or buy and he is obligated to do the same.>>> Personally, I would encourage everyone that hasn't done so yet to do it and let's get some adrenalin pumping.