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Technology Stocks : SNDT - Sand Technology - A diamond in the sand

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To: gcrieff who wrote (1092)7/7/1999 3:00:00 PM
From: Stephen Adnan  Read Replies (2) of 1200
 
From a long term sand trader,

Message 2291366

Sand moves on press releases, overall market activity and, in the future, on revenue expectation.

It has always been a STRONG BUY under $5, this happened today as it clipped the $5 mark and someone - one of the longs or a $4-$7 trader stepped in.

SNDCF came on my screen this morning as it dropped below $5 and I started licking my lips.

It took me a while but SAND teaches you when to buy and when to sell. I knew that the $8 in May and the $7 range in June would not hold. Again - Nothing to do with the Co., but this stock is a trader until . . . the big one happens. That's it.

IMHO best way to own, buy 2/3; trade 1/3 and soon the trading profits will pay of the long shares.

imho
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