SSTI

[usedcasting]

Hey David, is this one back in the game possibly. I bought and held. Just looking for some advice.

Thanks very much.

[shawFund]

I also like to know the opinions from Dav or others about SSTI.

As I said in my previous post that I intended to add position in $3.50-$4.00 area, but it only pulled back to a low of $4.09 then went up 25% to a high of $5.09 yesterday.

Missed th run.

No news at all. May be short squeeze or some insider information?

[shawFund]

SSTI is back!!

Fundamental:

1. SEMI sector very strong
2. NOR chip price firming up, actually gained 20% recently
3. NOR memory chip is in short supply
4. iPod NANO uses its two chips
5. It diversified its products portfolio

Technical:

See the chart below - breakaway gap last Thusday. Ascending trendline.

[Prfsr Hal]

It's being heavily pumped by paid (they acknowledge being paid in their small print disclaimer)
advertisers.   This may not reflect on the quality of the company but it always makes me skeptical.

Prfsr hal

[shawFund]

SSTI is not pumped. Its business is improving.

NOR memory price increased 10-15% in 3rd quarter and today's news from digitimes.com that its price will increase another 20% begining from next month.

The inventory problem now no longer exists.

Also, its flash controller is used in AAPL iPod NANO

See the chart it is rebounced at exactly on ascending line

[setravis]

Symmetrical Triangle (continuation) Pattern.....Possible Breakout !
Volume back up, very nice last 2 days.

Support @ $5.09...4.84...4.72
Resistance @ $5.48...5.67
MACD is bullish
Stochastic is bearish

Technicals
Percentage Gainer

Last Price Quote is:
10.44%above 13-day EMA
12.88%above 50-day EMA
RS Rating: 90 

Fundamentals
Key Data:
Market Cap (M): $517.40 
P/E Ratio: NA 
PEG Ratio: -0.784211 
Next Earnings: 01/25/2006
Last Analyst Rating: Buy

The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape. You could also think of it as a contracting wedge, wide at the beginning and narrowing over time.

While there are instances when symmetrical triangles mark important trend reversals, they more often mark a continuation of the current trend. Regardless of the nature of the pattern, continuation or reversal, the direction of the next major move can only be determined after a valid breakout.

Edwards and Magee suggest that roughly 75% of symmetrical triangles are continuation patterns and the rest mark reversals. The reversal patterns can be especially difficult to analyze and often have false breakouts. Even so, we should not anticipate the direction of the breakout, but rather wait for it to happen. Further analysis should be applied to the breakout by looking for gaps, accelerated price movements, and volume for confirmation. Confirmation is especially important for upside breakouts.

Prices sometimes return to the breakout point of apex on a reaction move before resuming in the direction of the breakout. This return can offer a second chance to participate with a better reward to risk ratio. Potential reward price targets found by measurement and parallel trend line extension are only meant to act as rough guidelines. Technical analysis is dynamic and ongoing assessment is required.

[Richard]

A rebuttal...



OK, not really a rebuttal...but I would wait to see a breakout above 6 with a bigger increase in volume.

Cheers,
Richard

[setravis]

(SSTI).......
ANNOUNCES JOINT DEVELOPMENT OF TECHNOLOGY: SST (SSTI), a leader in flash memory
technology, and Insyde Software Corp., a leading provider of UEFI-based firmware, BIOS
and engineering services, announced the joint development of FlashMate technology, enabling
new usage models to notebook PC consumers that will revolutionize their portable computing
experience. FlashMate technology provides benefits beyond that of a hybrid-drive by giving users
the ability to instantly access the content on the hard disk drive without having to power on
the notebook for listening to MP3 files, viewing digital pictures, accessing email and more.