SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : SGII -- Ignore unavailable to you. Want to Upgrade?


To: Patentlawmeister who wrote (707)5/25/1999 4:27:00 AM
From: Lawrence Burg  Read Replies (1) | Respond to of 1051
 
Suppose your right, or at least not what people were hoping.

Hard to figger. I'm a little suspicious of the depth of the blocks selling off. 100K bought a penny over the spread around 2:00 but was matched by 200K selling a penny below the spread. There was lotsa buying at both 1:00 & starting again at 3:00, but the overhead seemed to be too much.

The volume the last 2 days should've eaten up most of any disgruntled shares left from the last run, so this might be fresh shares coming to play. While the charts have stalled again, I'd call the mid-term (1+ month) outlook pretty good.