Semtech I can’t believe my eyes. Semtech (SMTC) is not healthy, the stock’s overvalued, it’s low quality, and growth is unstable. Yet, shares are up 23% since reporting earnings on March 28. I wrote about it here. And the saga continues – because the stock is up another 6% today… for no reason. We […]
SMTC
Semtech Corp
The Truth Is Stranger Than Fiction With This Stock
I recently reread Edgar Allan Poe’s short story "The Thousand-and-Second Tale of Scheherazade," and it reminded me of Wall Street. Yes, that’s odd. But bear with me. If you read Arabian Nights when you were younger, you’ll know that it’s a story of a woman (Scheherazade) prolonging her death sentence, ordered by her husband (a […]