Sonny, tough questions, as I have sold most of my SPCT, and all of my SNDK. I sold SNDK yesterday at $35 1/2 including both my remaining core, and my trading positions. Regarding SPCT, I believe $65 is pretty fair value at this time, but as investors confidence of the future "stretches", so will the price, and justifiably so. I may regret it, but I would feel more comfortable buying on weakness. This company is though on its way to becoming a billion dollar market cap company, and I do view it as long term bull. But I just could not resist the locking in of substantial profits, in a very short time.
Both of these companies are on my "radar hit list", and I'll post any new information and/or positions. Good Trading. LF |
