SNRS- Sunrise Technologies Message Board

STOCKTALK

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.

Biotech / Medical : SNRS- Sunrise Technologies

SNRS 0.000001000

0.0%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LiPolymer who wrote (3825)	2/18/2000 2:02:00 PM
From: kolo55	Read Replies (2) of 4140

Time is ripe to play another floorless. I have bought a fairly large position in SNRS over the last week, and am adding more each day. The risks drop as we get closer and closer to the end of February. It appears that floorless bandits are pushing the stock down, similar to other stocks with floorless issues. I don't think these guys are tied in with Lehman Bros and the other holders of the convertibles, though. They are shorting naked. Many of the holders are eye doctors and private investors, and I don't think they play the floorless game. On Feb 28, we get the new short position report, and I think it could spark a short covering rally. Then on Feb 29th, the conversion price becomes fixed, and the floorless is removed as a factor... Of course though, the holders will still sell at some point, to lock in profits, but this is likely after the final FDA approval. I think we rebound to 12 by mid-March, and 15 before June. We should see 20 after final FDA approval. Paul

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next