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.
Technology Stocks : STARBASE (SBAS)- InfoWorld Hot Product Review
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SIer formerly known as Joe B. who wrote (1136)2/28/2000 3:22:00 PM
From: David in Ontario   of 1502
 
SBAS was a different animal back then - I was watching it - but it wasn't strong enough for me. A comparison to last summer isn't really applicable as the fundamentals have moved on since then. What SBAS is displaying is what Gary Smith of TSC calls a "dumper":

thestreet.com

In part what he says is (minus the chart) (Feb 21):

"Dumpers are stocks that dump 20% or more on mediocre bad news, such as missing earnings by 1 cent. The market always overreacts to bad news, and I play the bounce or corrections at the bottom. I play only mediocre bad news and not extremely bad news dumpers, such as Securities and Exchange Commission investigations or bankruptcies, which could cause a stock to de-list.

An example of a dumper is Starbase (SBAS:Nasdaq - news - boards), a leading provider of e-business digital asset management solutions. It announced earnings on Feb. 10 and although revenues were up, the street apparently was not satisfied. The stock gapped down the next day, creating an excellent opportunity to play the first bounce
...
Now, I'm no stock market wizard, but I've been over and under the rainbow enough times to share how I finally found my yellow brick road. Next week, I'll start taking you down it. I'll start with dumpers. I'll discuss how I identify and play them, as well as how I identify intraday bottoms and tops. "

David.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News