SI
SI
discoversearch

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.
Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant? -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Thompson who wrote (3925)10/20/1998 1:12:00 PM
From: Scotsman  Read Replies (2) | Respond to of 4697
 
Another possibility that cannot be ignored is that the stock is being churned, large volume being bought and sold back and forth to generate interest and volume. Drives the price up and brings in small investors that think the bottom is here. Once up, the churners pull the plug and down it goes again.

Not likely, but its an ideal stock to do it to. Cheap, undervalued, and on the NYSE for credibility. But its probably value investing.



To: Bruce A. Thompson who wrote (3925)10/20/1998 10:04:00 PM
From: Carl R.  Read Replies (1) | Respond to of 4697
 
Actually the company has an outstanding buyback program in place, I think. They announced an intention to buy shares earlier this year, and over bought some of the shares that they announced, so I think they could resume the existing buyback, if they wanted to.

Anyone know about this?

Carl


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News