Replies to post #8 on Smith Micro Software Inc (SMSI)

[Jagman]

Actually, SMSI hit a high of $19.01 prior to earnings and although the earnings were great, the CEO screwed up on timing regarding new biz and the pps dropped as a result. That biz is still 99.9% sure, just delayed until this quarter, IMO... Very heavy short position on SMSI...they were right due to the delay, but they are going to get burnt badly down the road if they don't cover... Lots of new stuff in the works plus new carriers, IMO....Verizon is the main customer now which is somewhat risky, but that will change quite a bit in 2007, IMO....

[moneybound24]

I just looked up last earnings date and it was 7/26

ALISO VIEJO, Calif., July 26 /PRNewswire-FirstCall/ -- Smith Micro Software, Inc. (Nasdaq: SMSI), a developer and marketer of a wide range of software solutions for the wireless market, today reported its 2006 second quarter financial results.


That day we closed $14.99, and we went to $9.?? into August. (also due to some rumors)

This time I dont think (IMO) that we well see anything near that % drop with the support from the shorts. Maybe a little but if it does touch under 15 I will add to my long position. And if not, I have enough.