Dale or anyone,
I have heard that Soes bandits can add significantly to the upward momentum of a stock. These are traders who sit in front of a NASDAQ level II screen and watch the bids and asks coming in and predict momentum based on this information.
I seem to witness a significant bounce off various intra-day price levels in the minute-to-minute tracking of various stocks, such as Syqt, and wonder if this is institutional action, Soes bandits, shorts covering, market makers, or a combination of all? Is there a way to determ this?
Will syqt be able to survive with the low price pts that are being discussed and low margin? Does it matter what total sales are for drives?
Isn't the most impt. issue the profit margins on the disks while disk prices fall.
Regarding creating standards, Andy Grove in his book, Only the Paranoid Survive comments on how market share is created in the technology sector. He says to gain market share you must price your product as low as possible and then do everything possible to get costs down to make that price point profitable.
Does Syqt's mgt team have the savy to carry this out?
Andy also says that a head start is huge in technology and companies that get out early have a huge advantage. IOM has a significant head start and IMO make SYQT recovery very difficult.
Michael |
