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

To: franklin1 who wrote (2777)	7/10/2024 1:02:37 PM
From: Elroy	Respond to of 2969

Based on your analysis; why would another company buy it for $120.00 per share? Because their analysis is different than mine. Obvious "the market" today likes SIMO as an investment a lot more than I do. My view is a minority view. I think SIMO should be about $65 or so today. It's $80. I wouldn't buy them for $120/share, but some other company could. In general, if I think a stock is too expensive I don't short it. I seldom short stocks. I don't like the "unlimited potential losses" concept that comes with going short.