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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 snoopydogson Jan 24, 2011 7:26pm
315 Views
Post# 18019914

RE: RE: RE: Drilling

RE: RE: RE: DrillingThere is a float out there bigger than most have ever seen.  At the AGM we saw maybe 25% mustered up by both management and Dale Wallster with the end result being Wallster taking all the marbles home.

Do the math and there is a large wall of stock that has to be bought up.  That is what is wrong when companies like Shoreham tap a source until it will not give anymore.  Evenutally it all comes back to haunt you and we are seeing that and will see that for another week or more.  Unless of course the Bank of Wallster has other plans.

Plus you really have to read that entire news release and understand it.  If my name was David Bending I would not be sleeping all to well these days.
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