Again...no big surprise here on the large miss for next Q. MHL old news, Wireless DOA, stock in severe downtrend for months, insiders selling, and the classic SIMG stock buyback. to inflate EPS. It's almost like your old pal Tirado never left. This should get hammered in the coming days!
I am not surprised at all about SIMG's lack of price appreciation. As I have stated years ago, the business model is a failure and SIBeam/Wireless just made it even worse. This company shares its profits with too many partners and the BOD doesn't care about the continued fleecing of its investors.