SiRF Mystery Stock Move

Posted in General 
September 24th, 2008

SiRF Technology Holdings Inc. (NASDAQ: SIRF) has traded more than its full average daily volume after a recent mid-day mystery move to the upside.  This stock is frequently passed around in trader chat rooms, and that may be the biggest thing going for it today. Even after a 10% rise today to $1.92, its 52-week trading range is $1.51 to $30.61.  Shares briefly traded north of $2.00 on the sudden spike, and we haven’t been able to find anything new from the company itself to account for the move. As of 1:07 PM this has already traded 20% more than its full average daily trading volume. You can see the FULL SYNOPSIS at 247WallSt.com.

STOCK OPTION STATUS:  Stock options are available, but thin volume and too thin for any extra inference today….

Jon Ogg
September 24, 2008

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