Important week.
This is an important week for the market in general but especially Sunrise. I know that the opthos who own the stock, and who sold some between $7 and $8 will be in the market at these levels. Others who never sold, picked up more in the high fours and low fives, but are still in the market.
We'll get exposure in the european markets, and this should help find investors. Since this site is deservedly TA oriented, I expect Rainer to finally see the short term trend upward solidfying and earning his buy recommendation. The climb to $6.5 may be slow and steady enough for Loren to stimulate the mid termers. For those very cash poor (like me), there is still about two months for opportunities to accumulate SNRS below $8, but opportunities below $5 will be rare, only driven by another NASDAQ correction rather than stock fundamentals.
The risk is more determined by competing technologies, and it's not inconceivable that one is close by. Another problem may be cash flow past 1st quarter 99 but these are somewhat interdependant.
Loren may have best captured what money managers are thinking in explaining her own philosophy. There will be plenty of time to buy this stock and make lots of money if and when some of the suspicion abates, without all the risk current shareholders have experienced. A few points (15 to 25%) is really a small premium to pay considering the potential, and a greatly improved risk to reward ratio.
Regards to all, |
