Book Value Per Share (mrq): 2.74 ( from Yahoo Stats).
2x book close to $5.50
Sure does not appear to have any bounce capability at the 9.75 level;
ominous sign for the stock.
Beginning to look like all the insider selling in last six months was a clear warning that they may have lost much of the Samsung business without winning anything from Apple.
Wrong they are in the S4!
If that were the case, we would have heard about it in the last earnings release. The fact is that they guided up.
lost to whom? ST?
Take it from the jackal! this is an Iranian run operation and Ayatollah issued seel signal in first quarter.
More downside potential than upside at this time