GIGM - Sector: Technology---Industry: Multimedia & Graphics Software

[Michael]

Hmmm... I think we are experiencing some seller's remorse or maybe the shorts are finally taking their profits and moving on. Anyway the selling seems way overdone from a fundamental point of view and we will hopefully snap back to a level where the stock price reflects the value of Gigamedia's assets and the potential the company has.

[setravis]

GIGM - Break Out
http://www.chartmoney.com/stockquotes.php?ticker=gigm
GigaMedia Limited provides gaming software and services to the online gaming industry in the People's Republic of China, Taiwan, Hong Kong, and Macau.

[forte]

supported by the moving average

[setravis]

Turn around move...profit opportunity...
Purely technical call, speculative issue, use stop.
It had a price up move with volume surge, came back to consolidate and test, and now is ready to 

Day's Range: 1.42 - 1.59
52wk Range: 1.00 - 3.08
Volume: 2,326,235
Avg Vol (3m): 622,106
Market Cap: 87.18M
P/E (ttm): N/A
EPS (ttm): -0.96
Div & Yield: N/A (N/A)

Technicals
Percentage Gainer

Last Price Quote is:
14.19%above 13-day MA
19.14%above 50-day MA
RS Rating: 96