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Technology Stocks : Spansion Inc. -- Ignore unavailable to you. Want to Upgrade?

To: ELH1006 who wrote (3257)	1/31/2008 8:28:36 AM
From: bobs10	Respond to of 4590

you: I have ample funds available to play this game as long as the shorts give me an opportunity to buy at these depressed levels. Not sure when I will buy back any trading shares, but for now I am holding tight until SPSN hits $3.20 or lower. me: Yeah, the rules of the investment game have always been rigged in the house(traders) favor, but with the different groups including the large mutual/hedge funds etc. now controlling the markets timing is much more important than fundamentals. Not too much different from going to Vegas and betting on red. The point is that no one should be jumping into this stock with both feet. Don't get greedy. This stock still is very risky and still very much under the control of the traders. I say traders now, because where SPSN's price is, shorting isn't the only game they can play anymore. As long as they have complete control they can move the stock in whatever direction they want in a heartbeat. All I know is that these guys don't like to lose any more than I do and they have the resources to make the market do whatever they want. With 19m short shares outstanding, there is a lot of incentive for these guys to drive the price of the stock down once they have a new crop of rabbits to eat.