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Smith Micro Software Inc. Message Board

  • rdowey rdowey Feb 3, 2011 10:54 AM Flag

    Request For "Cliff Notes" version of SMSI story

    Can some of you all please give me the brief "cliff notes" version of the SMSI story?

    I bought SMSI as part of a basket of stocks I created to capitalize on the popularity of mobile computing.

    That was back in mid-August, initially I was surprised at some softness as SMSI moved down from $9.50 to around $8... No worries, the next leg up saw highs in the 15's a pullback and then the march up to nearly $17 around the first of the year.

    But since then this slide to the Currnt $12.50 - 12.75 range has me perplexed. I really don't see any explaination for it.

    Can someone give me the short story on what happened for the market to decided that Smith Micro is only worth 68% of what it was just one month ago?

    Thanks!

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SMSI
0.98-0.05(-4.85%)Jul 29 3:59 PMEDT