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Technology Stocks : Spansion Inc.
CY 23.820.0%Apr 16 5:00 PM EST

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From: bobs101/16/2008 11:51:40 AM
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I know some that follow SPSN think the shorting is over and this is just fundamental values being expressed. Well, as I've said, I've been through this scenario a few times before, and from the way the stock is being traded I can tell you that is not so. The shorts are still very much in charge of this stock. That doesn't mean the shorts are right, just that they're still controlling things.

As I keep saying the bottom wont be set until the big boys start getting interested in SPSN again. What that will take is anyone's guess, but a good CC would be a nice start. A better than expected loss would also help. SPSN, mainly because of the proprietary/go it alone nature of MirrorBit is still a high risk proposition. The thing that has changed is the possible reward as SPSN is getting closer to the time when all the investments made are going to pay off, or not.

Take your choice, do you believe SPSN management, or the rest of the world.
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