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Technology Stocks : NANO
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To: ELH1006 who wrote (2253)1/13/2004 11:34:55 AM
From: geoffrey Wren  Read Replies (2) of 2272
 
I sold a little more today at 21.94, and am down to 650 shares. Of course the stock is already $.70 higher . . . . just 20 minutes later.

Wish I had held my last 3000 shares to now.

As to what is going on, I think it's possible:

1. Short squeeze
2. mo-mo players
3. genuine belief the new products are about to catch on with great sales.

Even if 3. there may be excess optimism. But, as they say, don't fight the tape, and I already have ample capital gains to report for 2004. Maybe if I hold the rest, I can sell for 63 (Nano's old high) in 2005.

Good luck to all.

Geoff
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