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Do you guys think it is too late to get into SPSC? This thing goes up eveyday and I was looking at selling one of my other dead stocks to buy into SPSC but I don't know if now is a good time to buy or not. TIA
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Could anyone comment on the trading pattern then? It seems like it's been trading 25% of its shares outstanding everyday? Also its been going up everyday, is there anyway to say how long this will go on?
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Usually when the charts look like that, they forward split. Actually the price seems too low for a split, O/S looks like 21 million, P/E is high at 380.
Take the chance, especially if your bored watching stagnent stocks.
[This message has been edited by GREGDOGG (edited April 28, 2004).]
Spectrum Sciences Management Comments on Market Activity Wednesday, April 28, 2004 05:58 PM ET Printer-friendly version
President Comments on Recent Stock Activity and Price FORT WALTON BEACH, Fla.--(BUSINESS WIRE)--April 28, 2004--Spectrum Sciences & Software Holdings Corp. (OTCBB: SPSC, news) today commented on the recent run-up in price and surge of volume in its stock.
William Ham, Spectrum's CEO and President commented, "We are surprised at the large increase in volume of shares traded and the subsequent increase in share price. We are unaware of any specific reason why such a significant increase in the share price or volume would occur at this time."
Mr. Ham concluded, "Finally, as we noted in recent releases, the management and board of directors are committed to not only intrinsic growth, but also growth through strategic acquisitions. Those acquisitions may require significant financing, resulting in potential dilution of the company's stock."
About Spectrum Sciences & Software Holdings Corp. (QUOTE) might be a buy opportunity showing up here......hard to say--but it sure sounds like they are planning to sell some shares or warrants.....
Spectrum Sciences Management Comments on Market Activity Wednesday, April 28, 2004 05:58 PM ET Printer-friendly version
President Comments on Recent Stock Activity and Price FORT WALTON BEACH, Fla.--(BUSINESS WIRE)--April 28, 2004--Spectrum Sciences & Software Holdings Corp. (OTCBB: SPSC, news) today commented on the recent run-up in price and surge of volume in its stock.
William Ham, Spectrum's CEO and President commented, "We are surprised at the large increase in volume of shares traded and the subsequent increase in share price. We are unaware of any specific reason why such a significant increase in the share price or volume would occur at this time."
Mr. Ham concluded, "Finally, as we noted in recent releases, the management and board of directors are committed to not only intrinsic growth, but also growth through strategic acquisitions. Those acquisitions may require significant financing, resulting in potential dilution of the company's stock."
About Spectrum Sciences & Software Holdings Corp. (QUOTE) might be a buy opportunity showing up here......hard to say--but it sure sounds like they are planning to sell some shares or warrants.....
posted
happens all the time... you gotta be a little skeptical to HEAR what they are really saying..... look for entry.....but be patient..LOL
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I was just wondering if someone could tell me why is SPSC currently trading in the 2.20 range and the bid is stuck at 2.49 and volume is stuck at 21,032,274 is this just a comp. glitch or is something going on behind the scenes. TIA
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interesting study here..... i'm not in YET, but the controversey surrounding this SHOULD make for some very interesting trading.... check the news out today....... if you need a copy i can post it, but it is on all of my services so it should be EZ to find....
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