SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Genesis Microchip (GNSS) -- Ignore unavailable to you. Want to Upgrade?


To: flopwedge who wrote (414)9/29/1999 4:41:00 PM
From: Joe Veres  Read Replies (2) | Respond to of 1277
 
Basically, what we have here is a stock that has dropped an incredible almost 50% in price in just a couple of weeks. Other than a possible minor disruption in production due to Taiwan, no bad news has come out. Today, the stock falls hard on extremely high volume, again for no apparent reason that hasn't already been factored in.
Surely, there must be more to this story than the simple fact of that whenever I buy a stock it immediately turns south. Opinions?? Ideas??
Theories???? And to think that I bought at 30, thinking it was a good deal then.



To: flopwedge who wrote (414)9/29/1999 4:45:00 PM
From: Danny Chan  Respond to of 1277
 
Today's down move was caused by SBSH's downgrade from 1-S to 2-S citing the uncertainty given the earth quake. Estimates were cut back. There were plenty of trades going through at 10k or larger.