Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Elroy who wrote (73191)	7/27/2023 2:38:31 PM
From: E_K_S	Respond to of 78986

One possibility is MXL knows SIMO's Q2 results are going to be a disaster, and that's their reason for cancelling the deal Would they not wait to see those earnings (especially if they are a disaster) to terminate their deal based on ' a significant change' in their business? Either way, too many speculators, so I see more selling. Will be picking up shares every 5% lower. Like Buffet says,"Whether we're talking about stocks or socks, I like buying quality merchandise when it is marked down." . . By buying quality companies at a discount, investors can increase their chances of making a profit over the long term. I wonder if there are some Hedge Funds trading their book; Only see one large position in MXL: No Funds own SIMO (checking DATAROMA reports)