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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 79.52-0.4%Jul 16 3:59 PM EDT

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From: Elroy4/8/2024 1:41:16 PM
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Surprised SIMO didn't pre-announce sales and gross margins today.

SIMO pre-announces those two items each quarter, about 5 days after the close of the quarter. Probably we'll get the news tomorrow.

I got no idea why SIMO is about $83.......they're going to do about $190m and 75 cents EPS in Q1 2023. How does that produce an $80+ share price? No idea who's buying at these levels....
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