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Penguin Solutions Inc V.SGH


Primary Symbol: PENG

Penguin Solutions Inc, formerly SMART Global Holdings, Inc., which is engaged in providing advanced computing, integrated memory, and optimized light emitting diode (LED) solutions. The Company’s solutions include artificial intelligence (AI), high performance computing (HPC), Cloud, Embedded Computing, and Data. Its AI solutions include Penguin Solutions OriginAI, and Generative AI. Its HPC solutions include InsightHPC, AccessHPC, and TrueHPC. Its Cloud solutions include Scyld Cloud Central, POD, and Cloudbase. Its Embedded Computing solutions include Military. Its Data solutions include LiveData, ActiveData, DeepData, and DataNexus. The Company’s services include professional services, managed services, data center services, design services, and project management services. Its portfolio spans compute and application servers, storage and high-speed interconnects for HPC and hyperscale data centers. Its core products in these areas are, such as servers, storage and switches.


NDAQ:PENG - Post by User

Comment by newsimon1707on Jun 09, 2016 1:13pm
109 Views
Post# 24951221

RE:House Positions since april 29th

RE:House Positions since april 29thSo you have 17 millions shares that were traded in a 6 weeks span...

PI, Haywood and Raymond james only bought almost 1,5 million shares each at around 0,075$ average and haven't almost sold anything...

if you check, they aren't the only brokers that did so...  GMP, Canaccord, Leede, Mackie and Wolverton...  All those guys have a net buy of 5,732,371 shares and aren't selling yet...

tells me something much bigger is in the making.

yesterday, almost 500,000 shares that were sitting on the ask at 0,09$ were taken out in 10 minutes...  This play is just settling down before it's next leg up toward 0,20$... This is my guess!

good luck folks!
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