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

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To: Nanda who wrote (563)10/2/1997 11:40:00 AM
From: uu   of 1936
 
As strange as this may sound I think what we need now in order for the stock to go higher geometrically is a few big short sellers! So far the rise in SPNSF has been based on fundamentals (i.e. buy toward upside without any significant short sellers - if any at all). With options being played as of 10/8 I am hoping for short sellers to become more active. Sapiens is in a momentum of a true big turnaround and all this company will be issuing would be great news (whether they are contracts, or earnings, or whatever) thus causing to attract value investors and momentum players to the stock. Now if there is a huge number of short sellers this stock will be a real high flyer because of the squeeze that will be put on them! I have seen this happening to a lot of stocks (e.g. Rambus, or even Zitel, ESST at its all time high flying days, and many more).

Just my humble opinion as always.

Regards,

Addi Jamshidi
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