Forum: Poser - OFFICIAL


Subject: e frontier America Products Acquired by Smith Micro

clsteve opened this issue on Nov 15, 2007 · 354 posts


DarkEdge posted Sun, 18 November 2007 at 6:01 PM

Quote - As to how well Smith Micro is doing as a company, their stock fell over 30% just a couple of weeks ago. You can read about it at the attached link, and has dropped almost another 20% since then. Three weeks ago Smith Micro's stock was $15.42 a share, as of today, it's down to $8.77, (click on the SMSI link on the page I linked to).  What that bodes for the future, who knows, but it doesn't look good to me.
Coldrake

 

Stock figures go up and down just like real estate, so that needs to be considered when evaulating these figures. That being said though, these figures are telling you something. Buisness's are not like real estate (so I know that was a poor analogy), and though real estate can take a beating for a while...buisness's (imo) have a much shorter endurance tolerance of market swings.
It's okay to drop but not this much so fast.

Comitted to excellence through art.