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Biotech / Medical : SonoSight (SONO), Handheld ultrasound for the masses -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (230)9/13/1999 5:15:00 PM
From: TRIIBoy  Read Replies (1) | Respond to of 365
 
IMHO, the downgrades of SONO invited short sellers and weak holders of SONO to bail and pound the stock downward. However, as we have seen in the past there are people/institutions who have salivating at a chance to own this on any weakness. That is why there is a serious bid to the stock.

I think we sit here between $25 to $27 until (a)news (b)warburg dillon read initiates coverage (c)postive press coverage before launch (d)actual launch

The key will be to sell when the company is CNBC and is up over 5 pts <g>.



To: stockman_scott who wrote (230)9/15/1999 1:23:00 PM
From: TRIIBoy  Read Replies (1) | Respond to of 365
 
Today's action is almost shocking. Retail investors flee causing illiquidity in the stock, but as we have seen so many times before institutions and other investors step in and the stock is higher while the market is weaker!

Next time it drops like this on low volume I am going to buy it to trade it higher, even though I have such a larger position already.

There is clearly opportunity to make money from dumb retail investors.


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