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


To: Carol Barnes who wrote (2115)5/12/1998 6:07:00 PM
From: John Lawrence  Read Replies (2) | Respond to of 5164
 
It sounds crazy, but a wave of selling might be the best thing.

It often happens a stock will sell-off prior to a reversal. Some shareholders get tired, or scared. When the the price gets low enough, a new wave of greedy investors jump in, and volume rises. When the volume rises the momentum players enter. Inevitably, volume increases in advance of news. Hang on if you want, or let some other sly guys grab the bargains. If you like the company's prospects, now is a much better time to be buying these shares than 15 months ago.