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

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To: KeithDust2000 who wrote (3998)7/16/2008 11:06:51 AM
From: bobs10   of 4590
 
you:

The stock is bouncing around like crazy. I don´t think the numbers, or anything else justifies a ~25% sell-off (RT).

me:

Well, the shorts have a huge vested interest in this stock and they wont go down easily. The fall was fast from the $12 to $13 range, but the recovery will be much slower, if ever. Less than a week ago SPSN was trading below $2 and the volume as well as the price have been improving since. So the markets view of SPSN since Caris initiated coverage seems to be improving.

As Dario said GM improvement will happen gradually and I expect the market's opinion to change with those improvements. Still a very risky stock, not for widows and orphans.
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