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Technology Stocks : SNDT - Sand Technology - A diamond in the sand

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To: let who wrote (466)2/24/1998 10:28:00 PM
From: Yarek Szolomicki  Read Replies (2) of 1200
 
Hey let, nice of you keeping us all informed. I went back and looked at the trading volume on stockmaster.com and looked at the price range of 3.5 to 4.00 when the stock was down. On all dips volume picked up looking as if someone was buying heavily. I looks like Sand smashed the resistance at 5.5 as well on the last day. I am not a technical guru but it looks to me as if a bullish patern of breakthroughs to more highs will start to establish themselves. Record volume too! Someone was churning shares like a lawn mower. I believe we talked earlier about Sand's thin outstanding float. That will help as well if we get up to $10 than that might become short term resistance level. Just my opinion of course. Anyone?
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