Whether INVN is "in - out - or whatever" regarding the S4, the fact remains that this stock has broken down on a technical basis. Big money institutional support has left the room. This stock is being peddled by retail and is extremely vulnerable to a capitulation sell off right now.
Before I do the math, I'd like you to explain, gary, the relationship between Qualcomm's Snapdragon processor and Invensense. Reading between the lines (which is all we can do right now because unlike other companies who have gone public stating that their product(s) is in the Galaxy 4, Invensense remains quiet) tells me that Atmel's sensors that are in the Galaxy 4, not Invensense's. Can you offer any specifics top the contrary?
LOL if you intended to spread FUD carry on. I pity the poor retail investor who doesn't know any better and takes your message at face value. If you can't add anything to a discussion best not to say anything. For the recorded most suppliers in the S4 haven't said anything, just cause the odd one has don't make out INVN are in the wrong.
pricenick, it's up to you where you add to your position ... while 11 is a good price ... why not settle down and think about where you'd add before hand? As long as the story hasn't changed (like major setbacks or something game changing), I'm adding in the low 10's and low 9's if it gets down there. By predetermining my buy points ahead of time, I eliminate the *panic average down* method employed by most people (especially here on yahoo board). Less stress, less time spent on worrying about the ifs and buts and whys and hows in long-term investing. This allows me to really concentrate on my *trading account*. I have 3 more positions to fill and I plan on doing this before the roll out of the new Apple products due out in Fall. So i have roughly 6 more months ...