you:
I don't really buy the conspiracy of shorts/buyers/sellers
me:
Well, call it what you want, but there was very limited price deviation on Friday when most of the rest of the market was having a bad day. With volume as pathetic as it's been its obvious there's not a lot of interest in SPSN. This would normally mean a falling price as there are always sellers, especially in this sort of market. Someone with deep pockets has been supporting SPSN lately, which is something I want to know.
Over the years i've developed a way of looking at the market that assumes it's always the big boys that move things. I always want to be doing what the big boys/girls are doing either on the way up or down. You never make money fighting the big boys/girls. This is especially true for stocks that are as thinly traded as SPSN is.
It's not so much that I see conspiracies everywhere, alliances would be a better term, however, I definitely want to know what the big money players are doing. Really, I don't have anything against the shorts either though their tactics can be brutish at times. After all we're talking money here and one should expect a no holds barred contest. Any advantage available in this game will be used by someone. Ethics isn't a factor and legality is a risk/reward proposition for a lot of the markets participants. All of which makes it very difficult on us little guys to compete.
As far as financing goes; considering the problems Numonyx had, it's undoubtedly a good thing that SPSN has done most of its CAPEX financing. They certainly couldn't get the same terms now.
Yeah, I obviously think SPSN is in a good position right now or I wouldn't be invested. Currently, they seem to have advantages over the competition on a number of fronts.
Yeah, I've already posted my doubts about this NAND now and NOR later plan. Unless the NAND market improves a lot Numonyx is going to have a very hard time making money with NAND. They seem to believe that a NOR/NAND/DRAM package will be able to compete with Eclipse in wireless. Of course I'm of another opinion.
Further, Numonyx has yet to detail how they expect to be profitable by the end of the year. As yet we haven't heard anything about the economies of scale that were supposedly the precipitating factors in the merger. Numonyx, to me, seems like a complete mishmash of ideas, tech, and uncompetitive production facilities.
I can't get over the image of Numonyx being the result of a shot gun wedding. They do have nine months until the end of the year to produce an offspring, but the real question is who is the father and what's the baby going to look like? Whatever they come up with this baby had better hit the floor running as the financials should only get worse as the year progresses. |
