Greg Schlueter
unread,Feb 8, 2012, 9:23:08 AM2/8/12Sign in to reply to author
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to Spreadtrum Communications
[From Yahoo board- worth repeating here. Context is pullback after
run.]
Can't seem to fully shake whatever phantoms haunt this thing...
likely, a sea of day-trippers. There's absolutely no basis to regard
this as a function of the company fundamentals/outlook... just hasn't
attracted enough strong-longs to keep it in the range of value. Of
course, we're all aware of how quickly this moves-- and the nature of
process-- and all that under the biggest determinant of Q4 profit
report and continued outlook....
[REPLY]
I concur, however I believe as usual before the shares are going to
advance in a significant way the big boys, or Evildoers as I call
them, will want to participate and make their dollar. So, first they
will accumulate as many shares possible before jacking up the price. I
personally believe this is how the Street works and in SPRD's case
this method and process can be maximized due to SPRD being a Chinese
company, and the past BS with Muddy Waters. For me, this explains the
low PE when comparing SPRD to its peers. I agree the performance of
the share price will receive commensurate stature with those
competitors that actually are losing market share to SPRD, sooner than
later. The markets have always worked this way, IMHO, but since the
TARP bailouts the business of buying and selling stocks is not what it
used to be. Companies put value on enterprises without ever leaving
their offices...Messed up stuff... Articles are written to scare
people into selling; Business networks put negative spin on companies
all in the manipulation of price action. One must be on the right
side, or have done due diligence. Look at APPLE, prior to the latest
qtr. all we heard was what ifs and how can the company survive without
SJ. All was BS in order for to help big boys buy tens of millions of
shares prior great news. I think this is what is happening with SPRD
but on a smaller scale...Time will tell. In the meantime, if you want
to play the game you have to be at the table....