JLS......I have some sad news for you.......nobody knows what the hell your talking about.

you are aware that post by me was made Tuesday morning.....10 minutes into trading....

WOW.....look at that volume.....6 million shares in the first 10 minutes.......should be a good day!

the base of institutional buyers is steadily growing. Google "STM Institutional Ownership". Most recent figures show 72 new positions initiated....10 positions closed out. Once this baby crosses $20 per share, it's off to the races.....

Exactly! This thing has been acting pretty spooky the last couple days. Plus, I wonder how many people are on board via that post that has been mass-posted all over the 'net(that's what got me in). I've seen waaaay too many of these pump-and-dumps......and when the bottom falls out, it REALLY falls out!
I will watch it, but I can't see any reason why it would go up from here.....not until the next earnings release.
I have no doubt it'll go back into the 14's....and most likely the 12's. The earnings today were not at all impressive. You take away the increased margins(which has probably wrung out the easy inefficiencys), and your showing some pretty mediocre growth......not in line with the PE at all.

I bailed today......what should have been 2 up days have turned into 2 down days......don't like the direction this is heading. With MU going up....NVDA going up, the overall market going up, and STM heading down, it was time to pull the trigger. Will get back in down the road. ...

I like to compare STM with a couple other stocks in this area....MU and NVDA......they are all pretty much tracking the same way....in fact, STM is doing much better than NVDA this past month....they are really taking a beating.

check out nasdaq.com/symbol/stm/recommendations.
According to that site, STM is followed by 4 analysts.....all of them have it rated as a strong buy. In my opinion, it does matter. To me, this indicates STM is thinly followed, and therefore undiscovered at this point. The party hasn't really started yet......hell, the invitations haven't even gone out yet!

I don't get it......more buy orders than sell orders.....and the price goes down?!? I don't understand how that could even be possible.

did you notice the dates on some of those recommendations......going all the way back to 2012, 2013, 2014.......not very timely if you ask me. Only 4 have been in the last 12 months, which is when all of the fireworks have been taking place.

thank you very much for your input, Groovemaster. Another great chart reader on this board, bionuthing, has said when the RSI crosses about 70, expect a pull-back, which has been pretty accurate, and a good buy-in point is the lower/mid 50 level, which it has bounced off of 2-3 times in the last 6 weeks. You are very correct in that the pullbacks have been so shallow, they have not been worth trading.....you could very easily end up buying back in at a higher price. I like the fact that the 5 year chart shows multiple cases of resistance at the $10 level, and we have blasted right thru that. Great looking chart.....I'm kinda surprised very few analysts are following this company.....I think there are only like 2-4 following it. I like to keep an eye on what MU and NVDA are doing, in comparison with STM, although I don't hold either. I really appreciate the quality of the posts being shared on this board.

ok....got it.....thanks. So it basically lets you know if a stock is climbing too far too fast?

not sure what factors make up the RSI chart, but after earnings are announced, and the earnings are good, wouldn't that cause the RSI to drop sharply, until the price catches up to your RSI parameters again?

Holy Smokes....up .70 right off the bat....anybody know what triggered that?

this thing sure seems to recover quickly......we'll see what the rest of the week brings......

I have a question for ap17 and bionuthing, as you guys seemed the most knowledgable on this stock.Just curious as to where you guys see the stock price on this at the end of this year. Thanks for your thoughts.

I have tried accessing the RSI chart you have referred to several times in your posts.....I can't seem to figure out how to get to them. Please advise. Thank you.

sorry NotRich......don't think that has anything to do with the price action with STM. I think it is just the natural ebb and flow of the market......stocks do pull back a bit......it's a natural occurence.....this is nothing. Best way to look at this one is too look out to at least this Fall/end of the year, as the revenue stream ramps up, and just try to imagine where the price will be by then. No way of telling for certain, but I would have to guess it will be a lot higher than it is now. They are plowing something like 1-1.2 billion $ into R & D this year....that is huge!! Think of all the goodies they will be bringing to market over the next 12-18 months.......

that's what I like about this board.....nice and quiet.....not a bunch of meatheads talking shit. I think we are waaay ahead of the herd on this stock.

all funds have different charters(rules) they must follow.....they set their own minimum price buy-in point. Trust me....I am $1,000% confident about this. I read the book many years ago, but that was probably one of the most profound things I remember about it. Another thing, often times, when you are buying shares recommended thru a full-sevice brokerage, you are buying their shares....that they had previously bought, and are looking to unload.

with all due respect, the price per share varies from institutional investor to institutional investor.....they all have their own charters they have to follow, and I am will to bet $1,000 $5 per share is NOT the general rule. I have read Peter's Lynch's book, "One Up On Wall Street"(and let me tell you this, it pulls the curtain back on how the financial industry operates) and the higher quality funds wouldn't touch shares at a $5 price.....because based upon their charter, they wouldn't be allowed to. Some funds have a higher buy-in price, but if I recall, $20 was the example he gave in his book.

Well, I think the latest news release by STM is a pretty big deal. My biggest pet peeve about cell phones has always been the sound quality.....no where near as clear as a landline. I read someplace a few years ago that was the #1 complaint about cell phones. So if this is as big a break-thru as they claim, it could be a home run. These cell phones are so loaded with bells and whistles and trinkets that most people very rarely use. A big jump in sound quality could be a great marketing angle for the next wave of cell phone buyers. As far as the current share price, I think the best is yet to come. In Peter Lynch's book "One Up On Wall Street"(former manager of Fidelity Magellan Fund...one of the most successful of all time) he explained that the charters of many institutional, mutual, and pension funds prevented them from buy any stocks that were below a certain share price. This is kind of their "benchmark" of buying into credible, established busnisses. If I recall, one example he gave was the $20 threshold, so many funds simply are not permitted to buy shares in companies who's share price is less than $20. I think once we cross that line, things are going to really get fun!

kind of interesting(but not overly surprising) how 2 different web sites can have different looking charts. The chart for NVDA that I was referring to was on investorhub.com.
Enter in NVDA in the Search iHub box on the right, then scroll down to the black chart. It looks to me like the RSI for NVDA has been above 70 since about last May, during which time the stock price has gone up over 300%.
I could be reading this all wrong, and I am not disputing anything you have said, but it's just kinda weird that these sites often times have differing information.
I must give you credit where credit is due......you were spot on about a week ago when you said STM had gotten ahead of itself and was due for a pull-back.
In any case, judging from the CEOs comments at the end of the earnings release statement, a substantial increase in revenue is in the pipeline for later this year.

ok....got it. Thank you for the explanation. But, that can be deceiving. If you look at the chart for NVDA and the RSI, beginning last May, the RSI was above 70, and has been there ever since. Had you based your decision to sell on this, you would have missed out on 300%+ gains......

What does RSI stand for? Thank you.

STM will hit $15 later this week......NVDA releases it's quarterly results Feb. 9.....suppose to be considerably higher than concensus estimates......will be good for NVDA and STM, This is just the very tip of the iceberg of this "internet of things".......mucho more growth for these 2 companys. I think $35-$40 by year's end is possible. End of 2018.....maybe $100.

just curious....what does RSI stand for?