Smith Micro Software, Inc.
Long
Aktualisiert

SMSI Three Drives alternate scenario

48
I like to post both bullish and bearish scenarios because either are always a possibility.

The bearish scenario in this case is that the initial gap was one of the three drives in which case this is headed down. My add point is $5.15 based on this chart, I plan to sell some if it goes over $7.

In any case, the fundamentals support $8.5 at 50 trailing P/E, but it's almost doubled in less than a week, so there's bound to be some selling. Still buying the dips on this one.
Anmerkung
Maybe I need an alternate alternate scenario where it does nothing, lol.
Anmerkung
Looks like this wasn't too far off either...

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