Spansion Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Spansion Inc.

CY 23.82

0.0%

Apr 16 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: bobs10	1/24/2008 10:31:27 AM
	Read Replies (1) of 4590

OK guys/gals, this morning is looking like short desperation time. I'm starting to accumulate and bought some at $2.76. As I said I didn't think that the earnings would necessarily stop the shorting. However, the shorts as of 12/31 still had 18m shares outstanding and and 12 days to cover. I don't know but I'm betting that even the dumbest shorts are starting to realize that their days are numbered, hence the frantic drive to pull in the last of the rabbits. Either I'm completely misreading what's going on or this stock is going to be one of the best turn-arounds I've ever had. Not much room in between.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next