Well, this has been a day-trader's dream stock over the course of the last two trading days. Today alone there was a 50% swing and sufficient volume to suppress any liquidity fears. I wanted to co-moderate this board, but apparently no one follows it and/or has the time and energy to devote to do the job. In this interim period, I will post any information I feel is pertinent and would be helpful to those who trade these shares.
I bought this strictly on the extraordinary increase in volume (last week) coupled with the fact that it was near its yearly low and had a high of over $6.00. From what little DD I've done thus far, I believe they have an interesting product that they are trying to bring to market and this could POTENTIALLY be a turn-around opportunity.
These are my opinions only. I don't advise others what to do with their money. And unlike many other boards, I will voice both negative and positive nuggets of information. If I think the stock is a good short, I will say so. If I feel one should accumulate, I will say so. But for the moment, I will say nothing until I have ample time to gather relevant DD.
If anyone has pertinent information regarding MIPI, please post it. I would greatly appreciate it. Many thanks.
GLTA!
