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Non-Tech : Sungold Gaming International (SGGNF) -- Ignore unavailable to you. Want to Upgrade?

To: coach137 who wrote (2344)	7/11/1998 5:41:00 PM
From: Cyrus	Respond to of 5164

Hello Jerome Regarding whats up, I would love to speculate. That is a large volume and price swing. We have as a group agreed it is in everyones best interest to maintain radio silence. Regarding the closing price (swing in price on Friday) it is my experience that a MM will always do their damnedest to touch home base at the end of the day, that is have a closing price similar to the opening. Of course that is how markets work eventually the pressure becomes to great one way or another and away the price goes. Another tactic I have seen discussed is discouraging buyers by widening the spread. Read into this what you may. Electronic trading should help as well, while it is difficult to see how many shares are actually on the bid and ask through say a quote, perhaps a Nasdaq level two service will show that data for pink sheet stocks. I will look into it further, I have heard of real time service providers with level two capabilities which offer a one month free trial, the key of course is to have electronic trading. Best Regards Darrell