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


To: Craig K who wrote (741)6/15/1998 3:26:00 PM
From: Richard B. Haenisch  Read Replies (1) | Respond to of 5402
 
Hanging Long,

What I am saying is that last week the market makers sold us over 700,00 shares over $1 - $1.15.

They did not have these shares, they simply shorted them to us.

Today, for one reason or another (Asia worries or whatever) everybody is suddenly panicking and selling shares that they picked up above $1 for $0.70 - $0.63 -

On 700,000 shares that is a profit of at least $210,000 for the MM

brilliant folks!!!!!!

Rico