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


To: Dixie7777 who wrote (2722)7/7/1998 4:03:00 PM
From: eRM Solutions  Read Replies (1) | Respond to of 5402
 
175,000 shares traded, I quess the presentation is going well. If that is the case we will see $1.00 next week, IMO.

Regards John



To: Dixie7777 who wrote (2722)7/7/1998 4:40:00 PM
From: SecurPro.  Respond to of 5402
 
Dixie-That is fine that you are upset. I understand your frustration. I am only trying to help you as well as other members. Have you ever traded this type of stock?

My experience (probably the most of all of our readers) with Biotech and Drug issues is that they resemble a Mexican road through the FDA approval phase. Long and bumpy. It is wise to put a very minimal investment from the onset and buy on the dips. Selling a % after each phase is accomplished is wise as well.

Instead of bashing me, do additional research. Help yourself. Check the 5 year chart of any pharm. company going through trials. Try IDPH for example. If you bought this one four years ago, you would get a pretty good return, close to 100% a year. Using the strategy I have outlined above, I made 240% a year.

Holding SGNC is not bad, but there are better ways to increase your returns while holding it. I am sorry if you threw down the house on the first trade, but sometimes people with tempers have to learn the hard way.

By the way, I have written on several other posts. But never, never without doing extensive research.

I manage several other parties' assets (only their high-risk stocks) without charge and they trust me because I know what I am doing. Try my technique before bashing. I think you will like it.

Either way good luck and go SGNC...