lookin good... took a 2000 share position at 14.67 today...
looks like it will be good for 1-2 points.
still pissed that I sold my cesv at 5.90-something after it hit 7 something a few days later.
So for the record, have 2 good picks:
nyny, cesv
1 garbage pick: gnbt... (ARGH!)
the other reason I like sgtl here is that now that the actions IPO (a direct competitor) was looming causing a drag on the stock for a while. Now that it was withdrawn on 11/22, it sgtl went up about a buck the next day...
imho, just a sign of a new trend starting.
http://www.redherring.com/Article.aspx?a=14591&hed=Actions+Semi+Postpones+IPO§or=Industries&subsector=Computing
nice move today. confirmation of move. target... 16.50-17.00.
gambler
alright, dumped this turd at 15.62...
not moving fast enough.
gambler
may reenter in mid-high 12's.
gambler
SGTL has been awful over the last year but now it is finally picking itself back up off the ground. Returned to profitability and trying to consolidate the business a little bit. Up more than 25% in less than half an hour. Broke through the 50dma and several resistance levels already. Don't have time to post a chart ... just check it out yourself. I'll post one tonight.
UPDATE: :D ;D
UPGRADED TODAY FROM SELL TO NEUTRAL !!
News
Samsung Adopts SigmaTel TV Audio Solution
http://biz.yahoo.com/bw/070122/20070122005351.html?.v=1
Bottomed?
Quote from: 422fwhp on January 24, 2008, 12:57:19 PM
Bottomed?
Yes, I think it did.
Freescale to Buy SigmaTel for $108M
Monday February 4, 9:02 am ET
Freescale Semiconductor to Acquire SigmaTel Inc. for $3 Per Share in Cash; SigmaTel Shares Up
AUSTIN, Texas (AP) -- SigmaTel Inc., a designer of chips used in media devices, said Monday it has agreed to be acquired by privately held semiconductor maker Freescale Semiconductor for $3 per share in cash -- representing a 68 percent premium to its closing stock price Friday.
SigmaTel shares closed at $1.79 on Friday, and surged $1.09, or 61 percent, to $2.88 in premarket trading.
The deal is valued at about $108.1 million based on 36 million shares outstanding as of Oct. 31. Freescale values the deal at about $110 million.
SigmaTel has the right to solicit superior proposals through March 4.
Subject to customary closing conditions, including shareholder and regulatory approval, the acquisition is expected to close in the second quarter of 2008.
Woohoo! Must be the luck of the irish...but I'm not irish! ;D
Currently up 60% pm
Hooo! Hooo! Take the money and run!
Congrats.... :o