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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Michael H who wrote (4058)11/16/2000 2:56:17 PM
From: Bruce L  Read Replies (1) | Respond to of 4140
 
I wish that mistake were the reason for the weakness in SNRS, but it doesn't seem probable. For one thing, there has been no recovery; I still see occasional waves of selling, albeit they are mostly small trades.



To: Michael H who wrote (4058)11/16/2000 3:29:41 PM
From: WILLIAM BLACK  Read Replies (2) | Respond to of 4140
 
I think the selloff is related to the misinformation more than anything else. The overall market has been hit hard and with the misinformation this only causes more stops to be taken out and once the selling begins it must go to a point of past support which was around the $3 area which was just after the first panel rejection back in Sept 1999. With the large volume I believe the shorts have started to cover. Must get rid of the sellers before a firm base can be established.