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

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To: uu who wrote (1060)2/9/1998 11:33:00 PM
From: TheInvestor  Read Replies (1) of 1936
 
Addi:

I disagree with you, I know folks (individuals) that trade 100,000
to 200,000 shares in one day. They can and will have a strong affect
on a thinly traded stock like SPNSF. If you were talking aboute MSFT,
CSCO, IBM, INTC, DELL, GE, and others, than I agree a few people have
very little affect on the price. But here, I disagree. Just get a handfull of people together with money and you can see a 1/2 to 1 point drop/increase in price. You are truly mistaken if you think I am wrong aboute the powerful affect sites like SI have on thinly traded
stocks like SPNSF. I have seen this morning 1/2 hour rally to dwindle
to a loss for the day, time and again. I recommended this stock to this gang and they did their magic. You guys are living in a vacuum, wakeup and smell the coffee. There is plenty of muscle and money coming from SI to run circles around big name brokerage houses.
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