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Saturday, April 19, 2008 6:03:12 PM
It is not worth trading. The charts and TECHICAL aspects of the stock are lacking. SSPE does not have enough volume to trade the amount of stock needed to make money. So, if this is your hail marry stock, you have bigger problems.
It may take some time for this thing to rock. The talk of Reverse splits does not help matters.
If Sun is reading this:
1. Start a buy back on the open market, when you can. You have just devalued everyone’s stock by 20% with 51 million in dilution. A buy back would show the company has started to become stable.
2. List SSPE on the next higher exchange and make the financial public information. Heck, the shareholder have bank rolled this thing.
3. Don't talk to shareholders except through the channels allowed by the SEC.
Why hold? Love the gamble.
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