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


To: Prospector who wrote (3114)7/13/1998 3:08:00 PM
From: dwlima  Respond to of 5402
 
as i see no new news, the most probable cause of today's drop can be explained by a few smaller investors selling off their position...as (200k shares @ 50-cents, or $100k) is not definitely not an institution or large investor. this was clearly predicted by people who saw the demise of SGNC. they knew that a few investors would sell and warned us. give me a break. you guys that think you are so smart for predicting the sales of a few people have your head in you as!.

the fact is that no market price set by us little investors truly reflects the intrinsic value of this company. predicting a stock's movements in the short-run is for the ignorant and astrologists.

there is only one thing awaiting- the outcome of phase I trials and potential long-term large investors.

dwlima