A few weeks ago I mentioned Spire in the Micrion thread here as a "snipe hunt" for anyone interested in ion beam companies. At that time it was 2, 2 1/2. It was so obscure that most days it did not even trade.
Here's a note in today's Briefing:
13:40 ET ******
SPIRE CORP (SPIR) 5 1/2 +1/2. Company could be next in line
to be pushed into the stratosphere by momentum players. Though
company released no news today, stock continues to swell to new
levels. Stock has been boosted to as high as $8 today, and has
lurched forward in this fashion since at its annual shareholder
meeting the company attracted investors to its photovoltaic
equipment and technologies to the semiconductor processing industry,
wireless and telecommunications companies and the biomedical market.
This stock closed at 3 1/8 on the day of the meeting, well above its
$2 a share, 52-week low. Since then the shares have set new 52-week
highs four days straight. Previously so inconspicuous that it has no
analyst coverage, look for investor interest in this stock to continue
to pick-up.
<end quote>
Look, guys, I was just kidding! DO NOT BUY THIS STOCK above $3; for years I doubled my money every few years by buying at $2 and selling at $4. A price above that cannot be justified unless there has been fundamental change. Buy Veeco or Varian if you like this area.
Did I start this? I'm feeling guilty already. <g>
If anyone has researched Spire recently, I'd like to know what you found out. |
