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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

Post by jerrio78on Jan 20, 2011 8:23am
410 Views
Post# 18000469

Current Situation

Current SituationI think its premature to enter here over 35 cents IMHO, until we have written confirmation the drills are turning. It is good to see extra cash injected in yesterday but that does appear to be a previously agreed on deal. I am waiting on Sardine Hill news and a corporate update on funding for the aggressive drill plan I have been hearing about. I think running the price now may encourage some large block selling. Just my thoughts of course. No one wants to pay too much when it seems sellers are willing to let go in the low to mid 30's still.

Cheers,
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