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


To: Jim B who wrote (1648)6/23/1998 4:35:00 PM
From: Springer  Read Replies (1) | Respond to of 5402
 
Thanks Jim,

I just increased my position today... I bought earlier at a buck( about a week or so ago..) figured now would be a good time to average down. IMO, we may see press (not from the Co. but health news on TV and such) soon with blood banks having such a hard time keeping well stocked....

Springer



To: Jim B who wrote (1648)6/23/1998 4:40:00 PM
From: Hyrulean King  Respond to of 5402
 
you know what, in terms of spread/margins etc...i know MM's are reading this so enjoy...
but it seems to be so predictable....my observations:
scenario 1 - large spread; MM looking to slow momentum/make killer margin - waiting to make decision on direction of bid/ask
scenario 2 - tight spread; MM trying to entice selling by luring day trader into quick profit and walk down bid on small sells.

chief