This is pure a technical call, if $47 is taken out. Right now I have no reason to believe that SNDK will not make between $2.80 to $3 this year, and thus the current price around $50 seems cheap. The fact that OVTI has also weakened drastically, may indicate that fundamentally, the digital camera business is not going "according to plan". Of course, all this might just be an exercise to get longs out and sell their shares so the MM can accumulate her.... Looks as if the European markets turned around and thus an early "mark up" tomorrow morning might be in the offing. My general map still "calls" for weakness during the rest of February and at least early March. If SNDK holds $47, than it might be a bargain....
