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Non-Tech : SME(svcdq) has it bottomed out yet? Or will it hit bottom?

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To: Arthur Tang who wrote (291)9/30/2000 7:36:57 AM
From: Arthur Tang  Read Replies (1) of 305
 
Last day of the week held up reasonably well at $0.12/share. The volume dropped to just below 400,000 shares.

It will be interesting that tax loss selling coupled with disappointment in the company has not yet exhausted all the investors.

Recently both Yahoo and RagingBull boards advised selling at this opportunity. But alas, the more you sell the higher the move will be. Afterall to bring technical imbalance off, it means the market makers unload. The more you dump, the more the market makers have to bring the price up to interest new stockholders.

Besides the company is not dead yet. Hidden value of real estate has not been realized yet. Marketing has to be improved. That is for sure. Is there time left? Maybe?
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