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Silicon Motion Technology Corp. Message Board

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  • slobilla slobilla Mar 8, 2012 11:26 AM Flag

    buying so far at 17.80=17.84

    WAtching stock action and I have 2 friends that work at trading desks of 2 mutual funds.I could be wrong but that is my gut.They always try to shake retail out.Easy to keep low volume low float stock price below a certain level.In this case little guy will sell because its not going over 18.The bid is getting hit in small nibbles everytime it goes back to 17.80.

 
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