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


To: FatMatty who wrote (2836)7/8/1998 10:09:00 PM
From: Mr. Forthright  Read Replies (2) | Respond to of 5402
 
Trying to find reasons why I am here and in the process forgetting my contribution to this thread is shortsighted. I have offered to work with you and others on a valuation of SGNC and you have all publicly refused my help. Some of you, and also a lot of lurkers have privately thank me for my efforts and encourage me to continue.

I am sure the "core" group of SGNC supporters on SI feels good about bashing me at every opportunity they get, but they are really missing the point. You guys are so convinced that you hold the truth that everybody else's opinion doesn't matter. Well, it may not matter to you right now but it matters if you guys want to make money. For every buyer in the market there is a seller. So what is your plan? Have your little group annoy all the potential buyers and keep buying the float until there is no more stock to be bought? Then who are you going to sell to?

You guys are acting like a bunch of spoiled kids who won't listen to anybody that doesn't use the party line. Now let's try to be constructive and let's try to determine what the real value of SGNC could be. Let me tell you, it probably is higher than $0.65 and it sure is lower than a $1,000.