Replies to post #51 on Sigma Designs, Inc fka SIGM

[MRVLReader]

Steve: I hold all my SIGM too. We are in the same boat. S2 told me don't hold too long... in case the price goes up...sell all of them for break-even. The reason is that SIGM only have one product...not as MRVL...if BRCM takes SIGM's market share, it is very hard for SIGM to stand up in the short term...

According to the chart above, may reach $25 to $26 soon, however, never know "How good the news will be", may drop below $20 again!

S2: Do you mind if you do have the time, up date the SIGM chart in 5 waves format, so we could see the near future posibilities.
TIA

[SyndicateTwo]

Hey Steve,

I never sold it in the $10k account. But I did sell it personally. I took the hit due to the risk based on the news. Personally, I'm in the camp that the Semis are just getting a dead cat bounce on this theory that tech is the place to be in a reccession.

Well, not so fast. There could be a new leg down in the market anytime and I don't want to be risking money in that.