seeker

Sigma Designs: Too Inexpensive to Overlook

Michael, I agree with you. This stock has been made excessively cheap by naked shorting. The shorts will make accusations of all kinds of problems, but they have nothing to back those claims. Once Sigma buys back the two million shares and you add the institutional holdings, there will be no float left for the shorts to cover from. The conceptual mistake the shorts have made is that the growth of IPTV is so strong that any inventory with STB makers can be used up in a week or two. There is no chip glut in sight anywhere. Let the earnings call happen. These shorts that have more than 8 million shares shorted will pay through their nose. There will be no share to buy back from. There are only 29 million shares outstanding and 25 million are owned by institutions. It seems that the entire remaining float of Sigma is traded everyday. This is all market manipulation. The manipulators day of reckoning is not far.