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Biotech / Medical : SANGUINE CORP. (SGNC) -- Ignore unavailable to you. Want to Upgrade?

To: Gwolf who wrote (309)	6/12/1998 11:06:00 AM
From: Lee Walsh	Respond to of 5402

starting to move back up now .97 x 1.00 Nearly all buys today....and some very BIG ones Lee

To: Gwolf who wrote (309)	6/12/1998 11:22:00 AM
From: Dixie7777	Read Replies (3) \| Respond to of 5402

ok i sincerely do understand that. but in the bb market the mm sets the price, and it does NOT mean that other investors have sold enough shares to the mm in order to resell to me. the mm will sell shares at the ask that he does not have in the hopes of shaking out the shares he needs to buy at the bid on the next dip or dive that he alone can cotrol, within reason. if he does not get any sellers to him at the bid then.. well i guess that's my point. then what happens? it appears from the transaction log of this am's action that virtually NO shares have been sold into the market at the bid, some but not many in relative terms. it further appears that most all the action has been on the buy side to new or existing investors. maybe later rico will give us an update to confirm my fast glance through the logs. thanks, rich