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


To: blind-geezer who wrote (3462)2/21/2008 5:42:39 PM
From: bobs10  Read Replies (1) | Respond to of 4590
 
you:

whoever bought this stock at the open for 3.30 is down 10% for the day ... not a pretty sight out there ... throw me the life jacket please ...

me:

Yeah, you should have sold at the open. It's not that this stock doesn't provide opportunities to profit, just that most of us don't take advantage of the situations. Unfortunately, lately I've also been in that category. Anyway, today didn't look like a short thing as much as a continuation of almost no interest in this stock. No buying interest lets the traders do whatever they want. On the other hand it seems like no one is selling either.

Every once in awhile it looks like someone gets interested and the stock goes up a little, but like clockwork the stock returns to the $3 area. Not sure if this is real interest or the traders doing pump and dumps. In any case the result is the same. Without the big boys getting interested the stock isn't going anywhere.