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Gold/Mining/Energy : Software Gaming Corp. SGMS/CDN-OTC -- Ignore unavailable to you. Want to Upgrade?


To: Neon who wrote (391)3/5/1998 3:55:00 PM
From: Musya  Read Replies (1) | Respond to of 1968
 
It is not a sell off. This is a perfectly normal correction.

Musya



To: Neon who wrote (391)3/5/1998 4:23:00 PM
From: NAUGHTY NOTES  Read Replies (1) | Respond to of 1968
 
if you remember a few days back the pro traders hotline, or whatever, was recommending this stock to be purchased in the 40 cent range. pro traders trade for profit, whether it be dimes, nickels, or pennies. the most important thing to pro traders is volume and momentum. over the last 2 days the volume has diminished as have the price movements, therefore it is time to bail out. i think it is this as well as the possibility that the insiders would be blowing out options and cheap stock. one other reason is that all of the hype over the opening of the website is gone now, and the old saying "buy on mystery, sell on history". we could be waiting a while to recover to the 80 cent level, but if the story is for real, it should not be a concern.

p.s. the story on the t.v. on internet gambling probably didn't help either.