Target-9-12$ 1 year

NICE! I am in on Monday.

Nice, I will buy some more this week.

Down 18.87% today? W'happen?

Posted by Nalod:

Down 18.87% today? W'happen?

Perhaps you are looking at something different this is gsi technologies--ticker GSIT trading at $3.69.75 +.014

Posted by nyk4ever:

Posted by BRIGGS:

Posted by nyk4ever:

Briggs.. are you still high on this?

nyk4ever--right now I have 18,400 shares and will accumulate anything below 3.80 up to 25k shares. This is a buy and hold stock. If someone wants to triple their money++ park it here baby--and you will be well rewarded

[Edited by - BRIGGS on 07-22-2008 5:43 PM]

Thanks Briggs. I saw your post earlier in the week and put some money in my Zecco account, I just wanted to make sure you were right still on this before I go in tomorrow. That earnings report is going to be huge on July 31.

Looks solid, good find and thanks for the tip Briggs.

nyk--just a little update. I've increased my holdings in this company by 16,600 shares over the last 5 weeks for a total of 35k. I'M VERY confident VERY excited. I personally went above a maximum threshold I have for any one stock holding and I believe 110% that we will see HUGE returns here over the time-frame I initially laid out. People are EASILY going to TRIPLE+++ their money from this thing at this spot. This stock will outperform 95%++ of all other stocks in the time-frame I set and anyone laying down chedda here is going to be HIGHLY rewarded. I will not be surprised at 300-500% returns here.

Briggy,

I love your capitalizing: "IM VERY VERY HUGE EASILY TRIPPLE HIGHLY".

I must admit, I bought a couple of thousand shares for giggles and follow it. Mostly on the cash holdings they have I figured the company was really trading for free. I got it at 3.40 back in July.

Just in my account. Can't say I did due dilligence on a UK tip.

I hope we just make enough before Martial law comes!

Riley Investment Calls For GSI Tech To Buyback Stock

Sep 26, 2008 09:57:04 (ET)

Riley Investment Management LLC on Friday reported holding a 5% stake in GSI Technology Inc. (GSIT), and said it wants the company to "implement a stock buyback as expeditiously as possible."

Riley beneficially owns about 1.4 million shares of the Santa Clara, Calif., semiconductor company, according to a regulatory filing with the Securities and Exchange Commission.

In a letter sent to GSI, Riley said it believes that "long-term shareholder value would be best enhanced through share purchases," given the company's low valuation and minimal capital expenditure needs.

"With a compelling product roadmap, significant earnings leverage and robust cash resources now is the time to take advantage of GSI's depressed share price by retiring outstanding shares and benefiting all shareholders, " Riley said.

Shares of GSI Technology were trading hands Friday morning at $3.61, off 3 cents.

Riley further said it may evaluate other strategic alternatives in order to influence the company's performance and the activities of the board.


Just getting started fellows. Remember where I worked and that I may know a few people here and there.

Barron's Tech Trader previews investment boutique B. Riley's Cash-Rich Technology Stock [CRTS] index, which seeks out small and mid-size tech companies trading at or near net cash per share. B. Riley doesn't make calls often, but its CRTS has a remarkable, if brief, track record: In 2002, 15 picks gained 326% over 18 months

Posted by Markji:

This stock has ben quite stable over the past few months while everything else has tanked. So with the depressed state of the stock market and a recesion, what do u think is the outook now for this company and its stock price?

I stand by what I said--that this stock will be in the double-digits next year. I own 53k shares of the stock My brother my father in law and a few buddies of mine also own in the range of 5-15k shares each. I also have opened up positions in HAUP [for the 6th time in 12 years] and SSTI both in the 15k share range over the last week. I specialize in small cap companies that I believe are significantly undervalued or have a contrarian/ negative view to their market with no debt significant cash reserves and quality product/services. High quality small cap niche companies is the way to go right now imho.

Briggs - I have been following GSI for the past week. For the past 3 days its price falls to the $3.25, $3.35.....and then at the very end of the day jumps back up. Usually on low volume. Was someone trying to push the price back up??

Yesterday was a little different as the volume at 4 PM was very large and raised the price back up only 12 cents to $3.47

So what is going on?

P.S. I am impressed with your stock knowledge and aggressive purchasing of potentially good companies.