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CEVA Inc. Message Board

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  • HE9412 HE9412 Apr 15, 2011 3:44 PM Flag


    Likely it is manipulated.

    The question is whether or not there is some basis to the price jump. Perhaps it is insider trading, and the price will jump on significant upcoming news (like a buyout), or maybe it is some sort of price pumping effort in which case it will likely fall somewhat.

    Alternately, it is plausible that the stock is about to be added to an index or be recommended by an analyst who wants to profit from their own predictions.

    I'm long on the stock. I'm considering selling with the nice runup, but I do like the long term company and business segment prospects so I see little downside to riding this out to see.

    Anyone out there have any real info to explain this?

27.50+0.36(+1.33%)May 27 4:00 PMEDT