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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?

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To: Steven Angelil who wrote (342)9/5/1997 1:03:00 PM
From: Andrew Hunter   of 1936
 
Incredible. Some people out there really got fleeced. Up for the day now.

I hesitate to label everyone who got shaken out as "suckers". If you bought in yesterday at 10 1/4 - 1/2, you might think a stop loss order at 9 5/16 would be safe. Not everyone can watch their stocks all the time. I just feel sorry for those who got stopped out. Maybe becuase it happened to me two weeks ago on SYNT, with a stop loss at 14 set when the stock was at 16 1/2. In one day it fell to 13 7/8, and was back at 16 1/2 the next day. People get robbed sometimes. It doesn't mean they're suckers. Sometimes you have got to be pretty nimble!
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