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researcher59

07/09/07 10:46 AM

#75983 RE: hweb2 #75981

hweb: SMTX rise has been amazing. I sold my last shares much too soon, a few weeks ago at $4.40. Started a small short position last week, but under water so far ..... will be shorting more as it goes higher. Barring some really surprising good news, the stock should correct sharply at some point, imho.
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riskanalyst

07/09/07 1:29 PM

#76009 RE: hweb2 #75981

I bought SMTX around 2.30 after seeing a post from you, so first off I have to say thanks. It seems like the company has turned a corner, after having revenues bottom out. It's definitely has had a nice run and the accumulation without news to me seems positive, especially since it's with volume. I plan on holding through earnings and reassessing after seeing another Q. I don't feel they are an all out short from a fundamental perspective.
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researcher59

07/10/07 10:53 AM

#76098 RE: hweb2 #75981

hweb: SMTX -.47 to 7.51 .... chart showing signs of a top. The stock sold off sharply this morning, all the way down to 6.25 before recovering. I just shorted a few more at 7.52 .... this morning's action has been very interesting and may have broken the upward momentum.