I haven't touched RFMD in 2Q's and I thank my lucky stars that I got out of this toy.
For those of you who haven't subscribed to the "churn is what it's all about" principle, then todays earnings and the AH hit that RFMD is taking should be case in point.
And that's NOT to say that the AH action isn't a head fake for a reversal tomorrow. You see, it's got nothing to do with the company (boy I hate repeating that) it's all about moving the price each day, every day, to get churn on the volume. Which of course lets the pukes move the price freely. Which of course gets the pukes a profit and the retailer is let scratching their head.
It's just a game. The sooner a retailer embraces that reality the sooner they'll have a chance to turn a profit.
Note that the phrase "long term" is prominently missing from this discussion.
I agree, until of course, the proletariat start rising up and robbing these folks...Of course, that is illegal, while robbing like this is just "capitalism". I'd probably laugh at this point if a bunch of these clowns started showing up dead, bunch of thieves.