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


To: Gus Cusimano who wrote (3823)5/21/1999 9:37:00 PM
From: kidl  Respond to of 5164
 
I've said it before, company better have some actual positive news or the MMs will eat every one of us alive! (by shorting the hell out of the stock).
Gus,
Amen to the first part of your statement; we do need positive news in conjunction with e-trading to get the stock moving.
Nada to the second part. Profitable shorting only works if you can create enough liquidity at lower stock prices to cover.
It worked per example with BII because of the transient type of shareholder and the huge previous gains shareholders were afraid to loose. Not the case here, so no dice IMO!
kidl