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InvenSense, Inc. Message Board

  • b2b2bstock b2b2bstock Feb 1, 2013 1:51 PM Flag

    What does INVN do?

    Any info?

    Sentiment: Strong Sell

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    • They make motion sensor chips primarily. The kind that you might find in nintendo wi, kindle, samsung phones, etc. This is without a doubt a buy long term, there is a very bright future in this space and INVN has a fine balance sheet. But I just rode this from 10.5 to 15 for nearly a 50% increase and I think it'll be a little while before we see any movement like that. Keep in the mind the market helped it reach 15 and if the market were to undergo a correction I could see this dropping back down to 13, in which case I'd buy again.

      Sentiment: Buy

 
INVN
13.10-0.10(-0.76%)Jul 31 4:02 PMEDT