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


To: Roger G. Budgell who wrote (3694)5/11/1999 7:00:00 PM
From: Cheeky Kid  Read Replies (1) | Respond to of 5164
 
Something smells like shit every time I hear about the shorts.

Keep a close eye on any insider trading activity.




To: Roger G. Budgell who wrote (3694)5/11/1999 7:51:00 PM
From: kidl  Respond to of 5164
 
why does everyone want to short SGGNF???
I doubt this is a case of wanting.
During the recent run up (March 25 to April 23) over 1 Mil. shares traded. Given the low prior volume and being a somewhat unexpected run up, I doubt MMs had any sort of inventory, let alone 1/2 Mil shares. In order to meet demand they sold shares they didn't have and delayed the 211 in order to cover their "unintentional" short position prior to e-trading.
JMHO and maybe CK's friend could shed some more light on my theory ... please!
As for the 211, I'd appreciate you filling in the "...."
TIA