Ride the Tiger with CD Message Board

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Strategies & Market Trends : Ride the Tiger with CD

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To: marci58 who wrote (66017)	11/10/2006 4:37:12 PM
From: zoo york	Read Replies (2) of 312759

There was a big block of SPM that is overhanging the market and a couple of houses were trying to keep the stock below $1.40 to close a cross. They gave up today and just let the stock run. We saw three quarters of a million shares change hands today, and the even with the sector weaker, SPM continues to charge right into the close. I think the new leaders of the next leg of the bull market are starting to show strength and as the confidence returns to the sector, that move for SPM today may be just the start of a nice run. Scroll back to about this time last year and you will see that SPM traded exactly the same. cheers! COACH247 PS: Hey CD, still more than 7 weeks to go in our bet. I think you're gonna lose the bet but we are both winners. Oh yeah, and make that a Stella...

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