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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem

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To: robert b furman who wrote (1415)6/24/2005 4:39:21 PM
From: Christopher Brainard  Read Replies (1) of 1540
 
Bob, Bob, Bob,

How could we both not see what was happening?? It was right in front of our faces and I didn't see it until the market closed today. The answer to "What's going on with this stock" is a simple RUSSELL REBALANCING!

Did you see the final volume for this stock??? Almost all of it traded in the last 15 minutes. I might have made the luckiest trade in my life when I bought 1000 shares just below $9 at 3:55 PM!

I'm not sure if SBSE was dropped out of the Russell index, but its weighting was surely reduced from last year. All this selling has been a front running of todays action.

If I'm right, the stock should have a nice rebound Monday! Keeping my fingers crossed.

Chris
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