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RF Micro Devices, Inc. Message Board

  • ex_hacker202 ex_hacker202 Feb 24, 2014 3:15 PM Flag

    Predicted something like this was coming last month

    Here's what I wrote on Jan 30 - got it wrong on Blackrock getting RFMD to sell, instead they pushed the Triquint merger - better for RFMD shareholders or not remains to be seen, but at least they finally did something to get this moribund stock moving:

    Just found this tidbit - Blackrock going to make demands for seats on BOD or try to get RFMD to sell itself to the highest bidder? They don't take 10%+ positions just to sit on their hands! "It should also be mentioned that earlier in the month, it was noticed that BlackRock, Inc (NYSE: BLK) now owns 28.8 million shares or 10.2% of all outstanding shares of RF Micro Devices according to an SEC filing - up from last February when it reported holding 23.4 million shares for an 8.4% stake.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I think blackrock was just buying small caps for the January rally.

      They've done this for several years and nothing special about that, but certainly the need for this sector to consolidate was obvious to anyone who cared to think about it.

 
RFMD
16.590.00(0.00%)Dec 31 4:00 PMEST

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