Another new poster....hot dog....even if it was to disagree. <g>
You may be right about ML, but after the split there will be around 6 million shares in the float. Not huge, but better than it has been. It will attract some coverage, IMO. Given the price action lately and some of the larger reported trades, my guess is that someone or several someones have been accumulating.
Aside from the float size, ML makes sense, though, given its existing and recent coverage of VSH and given its recent new coverage of several other semiconductor companies. It is true that the visit to SILI could have been only about VSH coverage, but I suspect otherwise.
Even if it is not ML, and I agree it may not be, ANY analyst coverage will help SILI stock price appreciate closer to the values assigned to its peers, which is two to three times SILI's current price.
Troy |
