Seen some pressure last few days. However, I belive these next few quarters is the time we will finally see some revenue growth. I also think they will get the WiFi socket in next iPHone with the Murata module win.
Now 50 day and 200 day MA are behind us. This needs to push through 2.30 first, and that's likely before report. Then we will climb significantly higher.
Sentiment: Strong Buy
I don't think so, but there is a lot of chatter that Anadigics will be in the next iPhone with the Murata module win recently. Not having the 802.11ac WiFi is the biggest critique of the phone as it doesn't match up with Samsung S4.
Somebody bought 100k with 2 seconds left in the trading week and the price didn't budge. Crooked trading. The little guy never has a chance in this corrupt market....
Samsung predicting a record breaking quarter. Killing guidance and analyst estimates. Since Anadigics supplies a lot of the popular Samsung phones and tablets this bodes well.
It cleared 50 day EMA when market was down in last week or so. Volumn will pick up when 200 day is taken out. It's very tempting to get in. I am still holding some NOK to milk a little more, but looks like we won't have much chance to pick up ANAD at lower price any more.
Sentiment: Strong Buy
Clearly this company is a candidate for a buyout by RFMD, TQNT and others. They have best-in-class technology across the board and are taking design wins every day. Today's release alone shows Samsung buying 3 different products for one phone model. And now is the time for these competitors to pounce with ANAD trading at such a distressed price. Heck, Samsung would be well advised to buy them as they are using ANAD in nearly every phone and tablet they have. Buyout or no buyout, this stock doubles to at least $4 by May, if not significantly higher.
I agree, if Murata maintains the WiFi module socket for the next iPhone it should contain Anadigics. The biggest critique of the new phone appears to be WiFi
Paul's Next Inning has a good report about ANAD also. There seems to be a great possibility for ANAD's wi-fi ac solution to be designed into the next iPhone.
Anadigics announced this morning that the AWL9581 802.11ac front-end integrated circuit, AWT6651 ProEficien power amplifier, and ALT6702 HELP4 power amplifier are enabling wireless connectivity in the new Samsung Galaxy Note 3.
This is the probably only smartphone related stock that has the potential to double or triple before year end. My last winner is NOK, with 70% gain so far. -Peter