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VanEck Semiconductor ETF V.SMH


Primary Symbol: SMH

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Listed Semiconductor 25 Index.


NDAQ:SMH - Post by User

Comment by jdc1on May 12, 2010 9:37am
435 Views
Post# 17088956

RE: RE: Someone bought 100,000 near the close

RE: RE: Someone bought 100,000 near the closeAlthough it's true that some stocks have brokers set-up to give the SP a little "boost" at the end of the day, they normally don't do it by purchasing 100 000 shares for goodness sake. I see this as a good sign.

From the eternal optimist ;)


PS; DRV won't go below 11.5 cents. The SP is down because of the $2 million worth of warrants being excercised at 10 cents.The majority have already be done. This would give DRV close to $1.7-1.8 million in the bank to get things moving again. My guess by mid June more drilling. FWIW
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