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Siliconware Precision Industries Co. Ltd. Message Board

  • freebird711322 freebird711322 Aug 26, 2010 12:31 PM Flag

    Timing of downgrade to hold laughable

    SPIL has reached a price point that anyone who had a long term capital gain they wanted to preserve is probably already out of the stock. Unlike some other stocks which have seen substantial gains since March of 2009, SPIL doesn't fall in that category. So while we should see other stocks sell off as people lock in the LTCG at 15% instead of the increase to whatever rate it will end up being (uncertainty being a major problem for the markets), I don't see how we're going to have that same phenomenon here.

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SPIL
7.50+0.05(+0.67%)Sep 29 4:00 PMEDT