My cost average is $2.3. Could write off all my loses in this stock with other profits this year but will hold until stock rebounds to $1.5-2 range later in year. I follow Stock Doctors articles since he writes on some stocks that I follow. I've done very well investing in the companies he recommends. Any other questions?
Why don't you answer my questions? How about, for one, what is you average cost of ANAD stock you hold now? Two, why are you SO obsessed defending the "Stock Doctor"? What do the two of you have in common?
Today, they are up ~ 15%.
I said the other day, and still stand by it:
Y/Y SWKS +115%, AVGO +90%, RFMD +80%, TQNT +120%, ANAD -60%
Do you want to double your monies in RF chip industry a year from now and you are not a gambler used to losing your shirt, ... ?
On the other hand aecooter33, insists he has a better idea by investing into ANAD:
"Yes we are all shirtless now and I'm working on my pants as well. I like the odds of Anadigics getting to $1.6 before Skyworks gets to $90."
That, however, is not the point, the point is that ANAD was up to $2.40 within past year. Getting back to $1.60 would hardly get our "stock Doctor"-defender, aecooter33 the shirt back on his shoulders.
Are you kidding? I was hopeful for $4 when this dog was trading in the 2's. No chance in h!@# this pig will ever see 4 again even in a buyout. At this point in time, they would be lucky to find a suitor willing to pay $2/shr...maybe. Personally, I think that if they aren't actively perusing an acquirer, this company will be run to the ground. Time and cash on hand are running dry quickly. If they go for another secondary at these levels, they will also need to counter it with a reverse split, which might then put this at 4.
I would suspect there is a huge sign in front of headquarters which says: Gone Fishing!
I would not expect any buying from mgmnt at any price since they get a boatload of shrs for free. Also, if they are trying to work out some sort takeover deal (big IF here), they would not be buying any shares. All of the actions taken so far (removal of poison pill, downsizing, restructuring) to me indicate the company is preparing itself for the auction block. But at such a low existing sp, a potential suitor would get this company for song, especially if they have already been accumulating shares at these levels. Will be interesting to see if there are any 10+% holders when Q2 SEC docs are released. I would not expect any news of contract wins either as there maybe aren't any, And even if there were, I doubt they would announce anything until the next CC. This pig is basically dead money until next CC. And it's anyone's guess where we head from there. For now, we stuck in the 80's it seems.
Some in the industry seem to be doing fine. Why would anyone deal with a failing company that may not be around to produce product? One quarter of earnings from SWKS is going to be 2 times ANAD's annual sales. And I picked RFMD and TQNT. Oh well. At least I was short ANAD.
Think what you will, see if I care :-). BTW, what is your cost average of ANAD? Since by now your shirt is gone, are your trousers still on?
I would place ANAD in a gambling category.
So you don't own any Anadigics stock yet you troll this board everyday writing doom and gloom posts. Therefore you are either a disgruntled employee or a short seller. Sounds like you have your own agenda at work.
Of course I do, quite a bit too. Majority of it in fairly safe dividend paying individual equities, ADRs and ETNs. Some side, gambling, investments as well.
Anyhow, why are YOU obsessed with defending the "Stock Doctor"? Is it because he plagiarizes your ideas expressed here or because you have advanced notice of what he will write next, or because you are him? LOL Those who need proof of what I just said above, should do some research of their own.
Interesting thing here is that, knowing of the pps pump process of "Stock Doctor", one can use that to make a quick buck or two before pump-N-hump effect stops working and the price goes back to normal.