SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 47.17+1.0%Feb 19 3:46 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: simo4 who wrote (1533)12/13/2016 11:03:47 PM
From: SiliconAlley   of 2112
 
Why are you here

I am here to provide the truth about this stock.

I doubt SIMO would have increased the dividend and claim next year being another growth year if Hynix was going in house with their controllers.

You can doubt all you want. They bought a controller company, merging teams, and have already announced their plans for UFS 2.1.

The dividend increase was nothing more than a feeble attempt to support the stock. And 2017 matters none to the long term view of this stock. Real investors are looking at the big picture, and not focusing on tomorrow.

You may also recall how the market reacted to the last earnings report and conference call. While you and others believe it was rosy, the stock was down 14% on many multiples of normal volume. This is not how healthy stocks react to "good" news, but rather is how the stock of a troubled company is distributed to bargain seekers who can't understand the selling.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext