SI
SI
discoversearch

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.
Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN) -- Ignore unavailable to you. Want to Upgrade?


To: PsycProf who wrote (802)11/29/1998 10:16:00 AM
From: Frank Lijoi  Read Replies (1) | Respond to of 1026
 
PsycProf,

You make a good point. The volume these past couple of days is somewhat encouraging. The previous 2 spikes in price to the $3 range were on huge volumes - at least 1mill. shares (the last one, if I remember correctly, was over 3mill.)

I have to think that all of the tax sellers are out. A lot of people picked this one up in the $2-3 range, so whoever still owns from then will keep the resistence in this stock. I'll be happy to see a trading range here between 1.5 and 2.5. Once this consolidation occurs, we'll be ready for the next leg up over $3.

Now, if some kind of internet related news about this company, all bets are off and the sky's the limit. Wouldn't mind that either.

A year ago I was predicting between $4 and $5 by Dec '98. Have to push that time frame out by 6 months at this point.

Let's go SYBR.

Frank