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Technology Stocks : Barringer technology (barr) -- Ignore unavailable to you. Want to Upgrade?

To: LPasko who wrote (491)2/24/1998 10:04:00 PM
From: Sparky Beardslee  Respond to of 652
 
Pasko: I'm not going to spend much time on this issue; you may go back and read the numerous posts I and others have noted going back to at least 8/7/97. You will notice, vol. swelled to over 30 million shares to Jan. '98. Since there is only about 3 mill shares tradeable, you can see the traders have taken this one from 15 5/8 on good news to below $9. Once there, the same traders got it back to $14. There is an enormous short position for such a small float, and it seems they begin shorting when we approach 14 ish. We will win in the end, but it will take basing here at thte $14 level to do it. The recent news of their great Q4 '97 has just about assured us of it. I love the way it is trading now (there doesn't seem to be any shannagins right now). I see $30 this year. Look at the weekly chart and your heart will stop.

Sparky



To: LPasko who wrote (491)2/26/1998 12:03:00 PM
From: Sparky Beardslee  Read Replies (3) | Respond to of 652
 
for those of you who sold wanting in at a lower price, it isn't happening. It is not too late to get back in before the major move. We hit $15, it's off to the races.

Sparky


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