Sapiens International Corporation (SPNSF): Turn around...? Message Board

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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?

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To: DD™ who wrote (920)	1/22/1998 3:21:00 PM
From: uu	Read Replies (1) of 1936

Well, all I can tell you is that big buyers are sitting on the side and smaller players are selling (by looking at the blocks being sold) With a stock such as SPNSF (with not so much of a volume) big buyers will not react till all small players are out and they can get it at the absolute low. Right now the momentum seems to have gone from the stock and therefore big players do not see any need to rush to buy. If anyone wants to buy I say to wait, but constantly watch for the volume to pick up (any day now) causing the price to jump by at least 1/4 (with spread being at 1/16 or 1/32) and then that is the time to buy. And when that happens do not wait because before you know it the stock will be up by 30-40% due to its low daily volume. Still do not see any reason fundamentally for the slide in the price. At this point it reminds me very much of QCOM pattern (kept sliding till the earnings and then went up big time). Regards, Addi Jamshidi

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