MPWR’S stock moved 11.07% in trading today. Click here to check out how its P/E ratio compared to other companies in the industry:http://www.wikinvest.com/stock/Monolithic_Power_Systems_%28MPWR%29/Data/Key_Metrics
the sudden upward movements then the fizzle have me confused. Where on earth is the stock price headed? Should one continue to hold?
accumulation on a thinly traded stock.
Yes, there is a $50M stock buyback that the company discussed in their last conference call and statement release. It appears that they have started purchasing these shares back.