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Technology Stocks : SNDT - Sand Technology - A diamond in the sand
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To: let who wrote (635)4/7/1998 9:37:00 PM
From: wanzer  Read Replies (1) of 1200
 
Let, I called to check the closing price just before what I thought was the close and had no idea we had given back the 1/8 in the last minute (until I read your message). I don't think the last trade was 10,000 shares though, more like 5,000. The last few days you could drive a truck through the spread in the morning. It is also misleading to some when the stock loses .625 on 100 shares. I don't mind the inactivity in the short term as long as we hold this level. I too am looking for news in the near term. You never know where some investors are and if I was considering a sell I wouldn't do it in the a.m. as of late. It's difficult to second guess the marketmakers so a trade at the bell like today doesn't bother me. My thinking is more like too bad for the guy (or gal for that matter) who gave up their shares. Must have been financial emergency to wait this long and get out before the reward. Glad it wasn't me!
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