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

To: Archangel who wrote (2386)	7/16/1998 8:52:00 PM
From: coach137	Read Replies (3) \| Respond to of 5164

My understanding is that the market maker(s) is the buyer or seller on every transaction. Here are some alternative speculations about what could have been happening. a. The market maker had earlier cut a deal with some "investor" to sell them some stock at an average price of $1.50 and was simply following through after accumulating for awhile at $1. b. Someone decided to cover their short. c. The market maker suddenly becomes pessimistic and makes it easier for some of us little guys to buy in for a few days in order to reduce their exposure. d. The market maker could have become optimistic and hit all the offers for a few days. Any other ideas.

To: Archangel who wrote (2386)	7/16/1998 9:05:00 PM
From: kidl	Read Replies (2) \| Respond to of 5164

A 100M out of (what is it now?) 20 MIl f.d. is hardly a big deal. I suppose that most of that 100M was sold at a reasonable profit assuming that they were early investors who finally had enough in terms of showing patience. The more I see and hear, the more I become convinced that the vast majority of SH's have picked this one as part of their retirement fund. IMHO we won't see any serious selling until we hit US$ 10+ which it basically where those who I talk to have pegged the value based on the "M" project only. The other projects are considered gravy and will not be factored into price until more info is available. If you have followed my previous posts, you should have noticed that I tend to be very critical and controversial; I will continue to be just that and when if I come across something that concerns me but ... I have also learned that calling the company is in most cases more beneficial than griping on SI. You may not like the answers but at least you get it from "the horse's mouth" (pun intended) FWIW, anybody selling now will just do me and others a VERY large favour. kidl PS: I have been in the stock market for a very long time; I have never encountered a more unique group of shareholders. It's become a religion and maybe rightfully so??? Here is to the sellers kidl