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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: dttab who wrote (73396)11/17/1999 12:05:00 PM
From: JakeStraw  Respond to of 90042
 
Hmmmm...short term my guess would be a close today around $3.25 If the volume drops tomorrow, and no new & exciting news comes out then I could see SBAS drifting down to $2 11/16 or so. IMO it's gone up fast on no news which could mean momentum players & day traders are just jerking it around. Longer term I see no reason why SBAS couldn't see $7 to $8 a share by middle of next year.