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


To: Hyrulean King who wrote (3179)7/15/1998 12:25:00 PM
From: Striyker  Read Replies (1) | Respond to of 5402
 
Yep!



To: Hyrulean King who wrote (3179)7/15/1998 4:39:00 PM
From: xbrent  Respond to of 5402
 
The good news bad news with the spread is it discourages selling and buying. You must be quite determined to do either. I think that positive momentum is returning. We are still recovering from the buy on the rumor and sell on the fact situation of a few weeks ago. Many expected that stock to quickly shoot to $2. When it did not, those who had that thought bailed. Those persons should be pretty well gone.
The stock will do nicely but the instant $2 program is not the case.
The long rumored heavy buying could propell the stock to $1 quickly since the volume/float enables a quick response. I remain convinced that we will see heavy buying in the near term.