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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem -- Ignore unavailable to you. Want to Upgrade?


To: Christopher Brainard who wrote (1232)5/25/2004 3:13:05 PM
From: Nutty Buddy  Read Replies (1) | Respond to of 1540
 
Hi Chris. As always, I value your opinions. I've been lurking on both threads. I'm looking at those SBSE preferreds and warrants!

I saw that 5000 ask at 18.80 before it got hidden on my level II. Maybe they bit and bolted at a lower price (or is it still there?).

It sure doesn't take much volume to move this stock 60 cents. Looks today like the impatient speculators (IBDers) are, as you stated, running for the exits.

Buddy



To: Christopher Brainard who wrote (1232)5/25/2004 3:45:16 PM
From: robert b furman  Respond to of 1540
 
Nope not me.

I was just going to post however that my old mentor "Ted Warren" used to say the only time an investolator should get excited is when a stock breaking out to new highs trades quietly near the new high oin low volume.It is a sure fired sign of No SELLERS.

Everybody is making money and happy holding the stock.

Of course for long term holders like you and I - we know there may be a few tenacious holders from 00 still out there ,hopeful of getting back their original investment.

Today's trading hasn't shown me any institutional bailers - I think it is acting like it is ready tom resume an upward trend.

I suspect 35 will be the least this longer term move will give us- of course with some down days,just to keep us focussed.

TO DA MOON!!!!!!!

Bob