Spansion Inc. Message Board

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Technology Stocks : Spansion Inc.

CY 23.82

0.0%

Apr 16 5:00 PM EST

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From: bobs10	3/6/2008 4:14:59 PM
	Read Replies (1) of 4590

Ok, well as expected the shorts once again drove the price of the stock to no gain at the end of the day. Anyone that thinks fundamentals have played any part in the valuation of this stock since it was in the $6 range is living in la la land. The stock action continues to be a power play completely controlled by the shorts. All it takes is maybe a million or so $s to assure complete control at current volumes. This does a couple of things; first it drives out any remaining rabbits and second it convinces potential investors to look elsewhere. From the shorts point of view this is money well spent as tomorrow they will be able to drive the stock down once more on low volume. And so it goes, on and on until someone with even more money steps in and changes the rules of the game.

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