SNRS- Sunrise Technologies Message Board

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Biotech / Medical : SNRS- Sunrise Technologies

SNRS 0.000001000

0.0%

Jun 6 11:01 AM EST

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To: majormember who wrote (2464)	5/23/1999 6:07:00 AM
From: David Jones	Read Replies (4) of 4140

Skane: Well we already have the 'tentative approval' price boost. Any news of approval will give snrs more exposure and pressure to buy now expecting higher prices as we approach the panel meeting. <given> I was just commenting on the number of posts I've seen on other boards. I was just reflecting on my thoughts and possible thoughts of the crowd at that time. I just felt so many were waiting for validation of the panel date looking for a pop how much more new money will come in with the news on that particular day? Now about question of selling into THIS expected news. One could of sold into the 'tentative approval' news and lowered ones base. >note: Sorry emil I seen your posts and I sold into the 14's I didn't see the squeeze coming, I just went with the tick< What's to say there wont be selling on this expected news with two months to buy back? It may be a quick one day pop that can be taken advantage of with several days to buy back or it all could happen on the one day. And one could end up buying back in higher, that's the risk one takes. To sum up. I suppose I'm tired of waiting for the official word and have already placed my money on the July panel. And I don't feel I'll be adding on this news. When the news hits it will give comfort and validation to the price though. This should move snrs through this 14 were hitting. But if the move isn't strong enough for some expectations then a buying opportunity could come about. I think it's obvious to hold snrs and risky to sell on the news but it can be done. For cautions sake two months is not that far away for a good price move. As I recall the price is expected to hit 20 this year according to Red Chip. Have a good week. And pardon the length of my ramblings. Dave

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