Actually, they stated they would not announce design wins for less than $1 million, or wins that were not significant to revenue increases.
I have been long this stock for the past 5 years and trust this management more than any other company I follow. My only concern is the lack of announcement of any new deals signed this qrt. During the 3qrt CC, management was very optimistic about the pipeline, and I certainly expected several deals to be sign this qrt. I have been anxiously awaiting for that 7:30am announcement where SILC releases several new signings. 25 days and counting until the qrt ends. Thoughts?
Sentiment: Strong Buy
MM are testing the resolve of the base. I don't think they are finding much desperation as they try to take it lower. Can't shake this tree...
BTW - News most be coming next week. Too quiet for comfort here!
Wait, why to assume it is selling pressure? The stock is up $.60 over the past 2 days with the high volume you speak of. Are you shorty?
Why don't you just short and keep quiet. If you are right then you will make money. Posting this nonsense just makes it clear you are a short trying to make some money. More power to you but no one is buying your BS.
$42, less $7 in cash, or $35 base. $2.10 for 2013 or 16.6 trailing PE. Conservative $2.40 for 2014, or 14.5 forward PE: all while growing at 50% YOY. What is a conservative valuation considering the above?
You have been wrong since $33 per share. You lose!
However, I am sure you are a long anyway...
It sure will. Shorts will not gamble on the potential upside. Downside is back to $32, upside is $45
Sentiment: Strong Buy
I would have expected a more detailed negative post if these guys were really pros. They come on here and say "sell now or else $27 next week", which is hardly the work of organized big money buyers. Maybe a shorty looking to cover but today is a pretty nice pop on solid volume.
With the inventory build, they better have a good story if revenues do not meet estimates. I can't imagine any other reason for this level of inventories unless they simply missed the mark and grossly misread their customers' needs.