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	3/24/2008 4:34:50 PM
	Read Replies (1) of 4590

Not a bad day. I'm seeing less and less evidence of the shorts heavy hand, but the volume remains pathetic. The bad news is few are buying but the good news is even fewer are selling. Low volume could be an indication that the shorts are no longer doing the pitcher/catcher thing to manipulate the stock? Today looked like someone with at least a yen or two(peso?) for SPSN was buying. Not much money traded hands but whoever was buying didn't seem too concerned about the price. Still don't know how much of this is SFUN arbitrage related short covering and how much is real interest in the stock. Considering the price history of the stock over the last 8 months or so, it's hard to believe that those who held through the long down cycle will be giving up their shares cheaply now that things are looking up. All this stock needs is a little interest. Chump change might get the price moving higher.

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