It is interesting that for two days now speculators have not been able to trigger massive sale of this stock with early morning effort. If this is not bottom, I am not sure what this is.
Come on short sellers, please work harder, because we need your help to shoot up on earning annoucement day.
I agree that the recent action is a good sign. It shows that the 10-11 range is where buyers are putting a stop the decline. I think SIMO will start to drift back up towards 12 this week