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SMTC Corporation Message Board

native_copper 1 post  |  Last Activity: Jul 30, 2014 4:02 PM Member since: Nov 18, 1999
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    by corpen9 Jul 30, 2014 12:27 PM
    native_copper native_copper Jul 30, 2014 4:02 PM Flag

    Guys...I was stopped out on the way to $1.50, but have watched the recent volume and it seems as if there has been a lot of churning of shares. We can trade any where from 3500 to 80000 on any given day. The smaller lot shares are keeping the overall PPS at $1.85. The bigger lots kick it up to $1.97. A couple of days we saw some big block buys. In my mind these are traders, not investors. In any case, the sentiment goes both ways and the pps is fixed in this range until earnings are out. Poor progress towards solving problems and growth, we go back to $1.65. Good progress we go to $2.25. Red Oak is still the 800lb Gorilla hereJ MO

    Sentiment: Hold

1.78-0.02(-1.11%)Sep 19 4:00 PMEDT

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