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Microcap & Penny Stocks : Simtek Corporation

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From: Sidney Reilly1/17/2005 6:45:06 PM
   of 2619
 
Ragingbull posters are getting more optimistic and I am too. I posted this over there today

"The stock placement in October may be dilution but it also points out that some people with real money looked everything over and were not bothered by the production problem that were hobbling Simtek at the time. $2.5 million is a large vote of confidence on their part and they would not have antied up if they had any doubts. That and not seeing any "revision" PR on this long weekend makes me optimistic. This would have been the time for it when the market was closed for an extra day to release any bad news and they didn't. Last June they released the revision just 2 weeks after the end of the quarter. This weekend was 2 weeks after the Q ended. So it seems to me things are looking up."
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