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Technology Stocks : MIPS Technology -- Ignore unavailable to you. Want to Upgrade?


To: Lahcim Leinad who wrote (330)8/11/2011 12:31:28 PM
From: Zen Dollar Round  Read Replies (1) | Respond to of 337
 
I'm staying away. Don't see any reason to get back in.

Took a gamble and quadrupled down on this sad puppy at $4.20/share yesterday, bringing my average cost per share down to $6.76.

So, I expect again that MIPS will slowly climb until next earnings, whereupon I will sell it the day before the report if it's anywhere close to that $6.76 price.

This is all play money anyway, so I'll buy even more if it slides down to $2/share vicinity.

I don't expect MIPS got go out of business, which means you should all probably all short the hell out of it since my record with MIPS predictions has been, uh, somewhat lacking. :-)