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Technology Stocks : Visioneer (VSNR): Does anybody know what's going on? -- Ignore unavailable to you. Want to Upgrade?


To: Hudson Gilmer who wrote (1262)2/26/1998 10:39:00 AM
From: goodpick  Respond to of 1763
 
I have been saying the same thing forever. V is a $6 stock right now. There are so many crappy companies who have never made a profit that trade over $10 a share. As I have said, right now the trading is in the hands of small traders who are either desparate for money and so sell at the best bid price, even though at these ridiculously low prices, or they are ignorant morons who have no business investing. I have accumulated as much stock as I can. I feel like a bloated frog. I would never think of selling one share below $5, and have made $8 a target price to perhaps take some profits. Otherwise, my target is $20. The intelligence of sellers of this stock at these levels is completely lacking. Also, the devilish short sellers are still active, I suspect. No matter what the reason for selling at these prices, they are all completely stupid.