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Technology Stocks : Silicon Motion Inc. (SIMO) -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (2660)7/26/2023 8:29:42 AM
From: Sam  Respond to of 2978
 
Maybe. They just reported but won't have a CC. the stock is up to 38.85 this morning from 34.78 at yesterday's close. The buyout is worth 53. I have been suffering with a fairly large position in the stock although much of what I have was bought years ago at a much lower price. Still, I expected that deal to close back in March. Pat Gelsinger is in China now, I think. Maybe he is talking some green sense into the Chinese?

We'll see.



To: Elroy who wrote (2660)7/26/2023 12:08:00 PM
From: IntoOLEDs  Respond to of 2978
 
What a relief! I lightened up my SIMO position on the news and sold some more calls on the rest! Finally in the green on this position.

As for TSEM, it hadn't been on my radar but now that it is ( and now that the Chinese are meeting and getting papers signed again) I decided to do some buy/writes on that one too. Thanks, Elroy.