Fly on WallStreet

SMSI
 

Shed- is this a shotgun to the head pick?
 

woodshedr--

nice call

it looks like SMSI is telling the shorts to "SMSI" (Suck My Stuff-It).

23% of the shares o/s are short.

hell-o...
 

Keep your eye on the yields-follow along with TLT. Its breaking down.
 

i can't find any news for smsi
 

Mr Mc-
nah, I hesitate to recommend much, as when I do, things go awry.

This was a "wave the hanky in the air and say nanny nanny boo boo to Fly" because as I told him two days ago, he should be in it.
 

SMSI Smith Micro Software: Believe Verizon Wireless (VZ) has finished testing for Music Essentials Kits - UBS (13.77 +1.77)

Before the open UBS said they believe Verizon Wireless (VZ) has finished testing for Music Essentials Kits for most handsets, which should now give the green light for builds to start and ship. The firm says software could potentially be available online before retail boxes hit store shelves (kits are likely shipped to distribution centers first, similar to handsets, and then distributed to stores). The firm views the recent share weakness as a reflection of investor concern over the potential impact of delayed shipments on Q2 rev as well as fears of further delays. The firm believes completion of testing should now alleviate these fears and believe most Street estimates for Q2 adequately reflect the potential impact.
 

Question for Fly & others; When you really like a position - we'll use ARWR or MVIS here - what % of your porfolio would you put into such a position ?
thx in advance - Bruce
 

Bruce--

Typically, my positions are 4-5% of my overall portfolio.

However, on exception, I'll overweight to 10%.

Never use more than 20%, unless of course you have very little to invest and want to just gamble.
 

danke ... thats been my thinking but you are the man, and I wanted to run it by you

appreciate it
 

the stockhead likes this blog...good ideas

you all rock