Replies to post #12716 on General Stock Ideas

[gfp927z]

Ombow, Looking at SGH, I see it's tripled from when it started trading last May. Since October it's flattened out and has traded in a wide sideways channel between 27.50-42.50. The chart suggests a possible head + shoulders forming (bearish), though I wouldn't worry too much yet unless it breaks below 30 and then I'd be out if it breaks below 27.50.

I see SGH is a micro/small cap, mkt cap $768 mil, and has an extremely low float of 8.2 mil shares (per Yahoo), with just under 22 mil shares outstanding. The low float can increase the volatility a lot, both up and down. The company is profitable and has nice revenue growth of 66% per Yahoo, with revenues closing in on $1 bil, and debt of $170 mil vrs cash of $23 mil, and net short positions are pretty low at around 4%. This data is all from Yahoo Finance, so it might be somewhat dated.

From my days following tech stocks in the late 1990s, when I see 'DRAM' I think of commoditization, so I never really got into these areas, so can't really offer too many insights there. With the low float you might get a nice trade assuming the overall market holds up. Based on the chart if it drops below 30 I'd start worrying, and if 27.50 doesn't hold I'd be out. Good luck with it :o)



>>> SMART Global Holdings, Inc. designs, manufactures, and supplies specialty memory solutions worldwide. The company offers dynamic random access memory (DRAM) components, which are used to manufacture modules and other products; DRAM modules for desktop, notebook, and server applications, as well as for use in smartphones; and specialty DRAM modules for industrial, communications, and networking applications, as well as develops specialized memory module designs based on original equipment manufacturer (OEM) requirements. It also provides flash memory, USB, and serial advanced technology attachment products primarily for use in communications equipment, printers, servers and storage products, switches, and routers; and aerospace, automotive, and defense industries, as well as industrial applications. In addition, the company offers supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging. SMART Global Holdings, Inc. sells its products to OEMs through direct sales force and independent sales representatives in North America, Latin America, Asia, and Europe. The company was formerly known as Saleen Holdings, Inc. and changed its name to SMART Global Holdings, Inc. in August 2014. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Newark, California. <<<

[gfp927z]

Ombow, Wow, 36 hours without power is a long time. We had some strong winds here (Phila area) and some snow, but not too bad. New England really got nailed. I guess it pays to have a portable power generator, may not need it often but when you do it's a life saver. The thought of long power outages always brings to mind the EMP/Electromagnetic Pulse idea. Yikes, a real nightmare.

Concerning Trump, if the Dems had run someone other than Hillary/Hildebeast, I probably wouldn't have rolled the dice on the egomaniac Donald. One of the few I like is Tulsi Gabbard of Hawaii, but she's not a war monger so isn't likely to get any traction with the Deep State.

Speaking of the Deep State, they have never been thrilled with the idea of Hillary, just too much baggage and past criminal activity. They'd rather have a fresh face like Obama. Based on Webster Tarpley's info, a faction within the Deep State favored Trump as the better of two bad choices, even though he's an outsider. They see him as disposable, and under constant impeachment pressure they can get him to do their bidding. As we know, Trump is surrounded by ex-Goldman Sachs advisors.

Being disposable, the Deep State can also have Trump take the fall for the big collapse that transitions us to the SDR/Special Drawing Rights reserve system. Let's hope this isn't in the cards in the near term. If you're not familiar with the financial lockdown scenario (Ice-9), it's worth learning about -