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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: Benadam who wrote (5)1/27/1997 5:40:00 PM
From: uu   of 1936
 
Does anyone know how many analysts (if any) are following SPNSF?
There seem to be a couple of perhaps large institutions that are
manipulating SPNSF. Some days early in the morning (about 2
hours before the market opens) you see the price of the stock (the
bid) goes up and down by 1/64 (!) or 1/32 (!) with only small number
of shares traded. Now how would a stock's price change by these
funny looking fractional points and only a few hundred shares traded
even before the market opens? And NO this does not seem to be
like any regular normal before the hour trading practices done with
other normal stocks on Nasdaq!

Can not wait till the earnings come out to give this stock some
respect it deserves!

Regards,

- Addi Jamshidi
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