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Gold/Mining/Energy : Signature Brands Ltd.: (SBX:TSE) SGNTF -- Ignore unavailable to you. Want to Upgrade?

To: cadillac man who wrote (437)	5/6/1999 6:59:00 PM
From: Ed Pakstas	Respond to of 776

All I'm going to say is that my average cost is 0.48 and I'm holding... This puppy will run in advance of an actual news release and not on rumour... When it does, you'll definitely know there is one coming out, just as there was prior to the announced the "Letter of Intent"... If one looks back to the end of April, one will see a similar pattern in the volumes when the stock was trading in the .35 to .45 range.... Monday - it perked up to over 1.4mm shares in the .45 to .53 and closed at .50... Tuesday - it stayed in the .50 to .59 range trading another 1.4mm shares and closed at 0.52... Wednesday - volume died down to less than 1mm shares and the stock dipped down to a low of but yet it still managed to close in the .50 range...If there was a rumour of a news release, it certainly wasn't started on this thread, as the first I heard of it was after the market closed... Today's low daily average volume indicates (to me anyways) that it's getting poised for some sort of announcement whenever it may be as the stock failed to trade in the 40's and yet still managed to close at .50... Personally, I'm perfectly satisfied with the way it's trading and the share value appears to like the low 0.50 range... I'm at my maximum budget allowed for this type of play and have bought all the shares that I want and I'm in for the run if and when it happens... ...ed