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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (73165)7/26/2023 7:34:15 AM
From: E_K_S  Read Replies (1) | Respond to of 78954
 
Re: SIMO +77%; I see no news but market is pricing in like Chyna approved the deal.

TSEM +13% on earnings and they wait fir Chyna's approval for their INTC merger. Could be a great day for those stockholders too.

Not often you see a stock +76% w/o the news on any media channel or news wire.



To: Elroy who wrote (73165)7/26/2023 9:17:42 AM
From: Paul Senior  Read Replies (2) | Respond to of 78954
 
SIMO. BIG congratulations to you. And to others who've held.

Yesterday SIMO was at a 12-mo low. Today before open? Woohoo!

I've a few shares. Bought some, sold some. Remaining holdings bought in 2022. Happy to see my SIMO green today.

I might believe we both might get what we deserve.

You've owned the stock a long time, and must know the business aspects pretty well. Buyout or not, you would be green in it. Congrats on perseverance/confidence.

For me, I don't understand the business, even after many of your posts. Willing to bet a small amount that you are right about the business which has been profitable every year since 2010, with increasing dividends for last eight years. A bet that the takeover goes through. And if not, losses in the stock tolerable for me with a small position, and the possibility of stock eventual recovery.