Penny stocks? BEAV was at 25 just a few months ago. Went down to below 4, compared to airlines "only" 70% drop. Looks (ed) oversold to me at 5. At 7.50, not so sure. At any rate, I'm done with it for this period in time.
Hope he didn't quit his day job! He also said he would sell BEAV if it didn't have a 20% move in the first hour of trading. Loss = 20000 X .40 or so. Good thing it was only Monopoly money. You can go down and buy another game and another stash of cash for about $12!
> All old news!
> New News:
> 27% increase last quarter
> 30% increase stated for this quarter.
> RFMD hiring.
> The future looking good.
oh, and stock is available at 1/2 of its august high. oh the maroons! the didn't know what a gem they were selling!
Looks a lot better than RFMD, debtfree and cash position is nice. Just the 40+ PE is a little rich. In this environment, probably fairly valued. Price/sales of 8 is reasonable for a company that sells intellectual property. Looking for BARGAINS.