Today is a very important trading day, imjo, for Silicom. Earnings behind us, new Design win yesterday and chart ready again for a breakout to 10+/- some. We have to close higher today. Volume has increased to avg 100K for 6 weeks, a bullish sign. If we continue, we will see a 50% uptick from the shorts! I mean, in a printers' terms, a .25 increase in sh pr, will actually reflect a .375 jump and the "increase" will be overdone, by the shorts. There are only under 3 mil in the float! If we get to 10+ soon, I am taking 1/2 off. We should hit 10 within 1 1/2 month, then retrace to 8.50 - 8.80
golly, I hope I'm right at the right time :)
could I be worried about us getting "too" big?
I was hoping for some sort of forward spilt 3:2, say..can't do a buyback!
Expenses must be growing, along with Design wins.
put on the specs, all ya.
Silicom, Ltd. (SILC) engages in the design, manufacture, and marketing of network connectivity solutions. Its products serves as communication gateways, which enable portable computers to access information and resources found on local area networks (LANs) and wide area networks (WANs). The company's products include high-end server networking cards for server networking industry, which allows servers to communicate with each other; high-end networking bypass cards, server networking cards with bypass feature; connectivity solutions, which enable portable computers to communicate with LANs and WANs; and broadband Internet access. It distributes products through a network of strategic relationships with original equipment manufacturers, installers, and integrators in the computer industry. The company was co-founded by Avi Eizenman, Yehuda Zisapel, and Zohar Zisapel in 1987. Silicom is based in Kfar Sava, Israel. With 4.28 million shares outstanding and 2,160 shares declared short as of January 10th, there is a failure to deliver in shares of SILC. http://stockcharts.com/def/servlet/SC.web?c=SILC,uu[h,a]daclyyay[db][ph.02,.20!d20,2][vc60][iUb14!La...