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Microcap & Penny Stocks : SGII -- Ignore unavailable to you. Want to Upgrade?


To: Christopher Horner who wrote (257)10/24/1998 10:38:00 PM
From: Emec  Read Replies (1) | Respond to of 1051
 
Christopher,
Thank you for your very well written and thought out post. I am with you all the way except I don't know why Joe keeps asking everyone to ask our brokers to move the stock into cah accounts since they are alreay there. A stock like SGII automatically goes into this type of account. One does not need to borrow stock to short it offshore. It is referred to as naked shorting and it happens all the time. I do believe that SGII is on the verge of greatness. I am a fairly new shareholder with an average basis of around 50 cents. I feel for you long time shareholders who paid double digits for the stock but I consider it a gift to be buying at these levels. yes, there is risk to buying this stock (as there is with any stock) but I believe the risk/reward justifies purchase at this point in the history of the company. Can this stock be a $50 stock in 5 years? I do not think that it is impossible. How about if it only does 10% of that and makes it to $5? That is a ten fold return in 5 years which would still make me pretty happy.



To: Christopher Horner who wrote (257)10/26/1998 7:59:00 AM
From: SEAN007  Read Replies (1) | Respond to of 1051
 
Chris thanks for your very detailed post and the important questions that you asked on the conference call.

I recently read a post on the RNTK thread, it said something like, a stock with potential will be driven down by MM's so they can accumulate it and a stock that is worthless will be driven up so they can unload it. I think that applies here.

I think the party that is/was shorting is playing a dangerous game and they will get caught.

Regarding Savoca's comment( I detected anger) about giving away so much equity leads me to believe that we have a great future. He knows the future more than anyone. If he didnt feel that way I would have another opinion of this company.

I know what it feels like to give up equity in a company. I had to deal with that. If you have something worthless you could care less about it (equity). However, when you have something valuable and someone is trying to take it you get anger, frustrated, hopefully challenged.

Winners find a way to win, losers find a way to lose.

Long SGII