hungry_hippo

SMSI Earnings next week

Long
NASDAQ:SMSI   Smith Micro Software, Inc.
I'm not sure how well they're going to do with COVID and everyone staying home, but it's a good long term play so couple thousand shares in the 401k.

Positive divergence on MFI and RSI. WOrst case it might hit $3 support before moving back up

Edit: PE ratio of 12....
Comment:
I picked up some calls last week as well, holding until Thu.

Expecting the market to do a pump and dump tomorrow morning, but the spread is too big on options to trade the dip, so I'm just gonna hold.
Comment:
Not playing the market this week, but still long on this for earnings.

The way I figure it, if you can make a couple grand a week, that's $100k over a year, so just hoping for $5 on this one this week.... we'll see tomorrow.
Comment:
Dumped my calls on open for a small loss, dumped 1k shares for a small gain.

Holding 1k shares long term in 401k, will add if it hits $3.3.

Earnings players all dumping, they actually did ok on earnings but micro caps get no attention unless they beat big. Expenses rising because they're adding a new carrier.... that's actually good news, not bad.

Long term play at this point in 401k.
Comment:
Bought more FTNT calls with teh money, lol.
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