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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 92.20+1.3%Dec 5 9:30 AM EST

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To: Anonymous895 who wrote (2491)4/12/2022 3:17:31 PM
From: Elroy1 Recommendation   of 2980
 
Well.....I'm not disappointed in SIMO today.

Odd though, this price reaction would have made more sense to the pre-release which beat the top end of revenue and gross margin guidance.

Maybe they are putting themselves up for sale? I think that would be great news. Tell the market that they are for sale with the buyer being announce in Feb 2023, after the amazing revenue growth of the past three years is in the rear view mirror.
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