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Why is Simple Tech's Stock Price so Complex? | PowerOptions Web Log
Simple Tech’s stock price and its stock option volumes have been very erratic over the last several months. Simple Tech’s stock price took a significant hit in the middle of September and also around the first of November, but since the middle of December it’s stock price been on the upswing. Simple Tech is in the business of designing, developing, manufacturing and marketing custom memory products. The bulwark of its product offerings involves the Solid State Drive [SSD], memory using flash memory and dynamic memory. SSD’s are slowly replacing legacy Hard Disk Drive [HDD] technology. Sign up now for PowerOptions 14-day free trial Simple Tech is in a new and growing market segment, but does it have enough pizzazz to weather the course? Simple Tech has some very large competitors including Micron Technology (MU), SanDisk (SNDK) and Samsung Electronics (private). The root cause of Simple Tech’s volatile stock price is...