Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

SI - Site Forums : Silicon Investor - Welcome New SI Members! -- Ignore unavailable to you. Want to Upgrade?

To: SI Dave who wrote (22210)	3/3/2005 10:41:34 AM
From: SI Bob	Respond to of 32911

Keep talking about SANM... it seems to be helping. Currently up 9.7% Yeah, I'm finding I'm not craving coffee as much as usual this morning. Very surprising volume. And a very surprising pop on the Wells Fargo upgrade. It's almost like Wells Fargo is actually buying it (I've been around too long to believe that one) and shorts are actually covering, which I also don't buy. I suppose there's some covering to go ahead and take profits in case the penguins show up, but even with a 10% pop, nobody's getting squeezed. There wasn't enough time below these levels for a lot of new short positions to have been taken. I've been trying to keep a mental tally of just which analysts are actually paid attention to and the list has been empty. Maybe it just got an entry. More ELN tankage. Must be news. Oh. One of those %&$*#(@ ambulance-chasing firms with their seemingly programmatic filing of a "class action" suit whenever a stock experiences an xx% drop cranked one out against BIIB. Geez, I wish there were a way to put some of those clowns out of business! If penny-stock P&D artists are at the bottom of the barrel, those law firms are the gunk you find under the barrel. Shareholders don't benefit materially when they prevail, and they just make a company waste money on legal costs it wouldn't have had to otherwise. There's recourse against individuals who abuse the system and whose only role in the system is as ticks and fleas, but I'd guess none when it comes to this kind of suit. What a system!