Anyone know why?
Shhhhhhhhhhhhhhhhh!Don't jinx us. We MXIM shareholders need a few more days of glory!
I can see this stock at 30 this year.
It was up big last week too. My bet? Obama made mention of a big buildout of the power grid on Thursday - I forget the exact amount but I think he said 3000 miles worth. And what company makes chips that will benefit from that? MXIM
Make that Saturday.In his first presidential radio address Saturday, he said it would accomplish big things: renovate 10,000 public schools, build 3,000 miles of new electric grid
I think I know why, they probably masturbated their own stock (MXIM purchased MXIM shares) to create the illusion of bliss, it probably worked.
well it looks vol driven to me so it could be the buy back. if it is it's combined with the pre CC bounce. we'll see if it holds.I don't see the vol staying double for long. we'll see what happens when it reverts to the mean.
I think the entire semiconductor sector was up today...not sure why - MXIM must followed. Check out the ETF.http://finance.yahoo.com/q?s=USDI shorted 2000 shares.