Pre-Market Volume Surge: Siliconware Precision Industries (SPIL)

Posted in General 
June 19th, 2008

Siliconware Precision Industries Co. Ltd. (NASDAQ: SPIL) is the leader of highly unusual trading in the pre-market hours this Thursday morning.  We have seen 3.6 million shares trade hands at $7.35 as of 8:50 AM EST, but after further review this is holders that are selling shares in a $26 million offering.  This will still be enough to throw up a trading volume flag all day.  The stock closed yesterday at $7.63.

52-week range:        $6.01 to $12.55.
Avg. Daily Volume:  1.8 million shares
OPTIONS:                 YES

Jon Ogg
June 19, 2008

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