SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SMSC Standard Microsystems

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: N. Voloshin who wrote (19)10/21/1996 1:33:00 PM
From: peter lo   of 335
 
Hi Voloshin,

Before a stock makes a big move, the market makers always want to
shake out those unstable buyers. Because those people will create a
lot of resistance during the moving up. They are short term
buyers. I believe last week's sellers all these type of people. I am
expecting the stock will be trading $13.00 area for one or two weeks, then it will gradually go up. Look at stock patterns of every year, it was down at Oct, then go up. My target price is $18.00 to $19.00 at the end of year. Let's wait and see.

Peter
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext