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Non-Tech : SME(svcdq) has it bottomed out yet? Or will it hit bottom? -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Tang who wrote (294)10/31/2000 11:14:32 AM
From: Arthur Tang  Read Replies (2) | Respond to of 305
 
Small buyers are holding the offers above 6 cents. Early morning volume is now only 19,500 shares. At this rate market makers will not be accumulating very fast.

The only action will come when tax loss sellers want to buy back in late December. First few may catch the daytrader/market makers napping. Then it will take off, before pull back again in early spring(January effect).