I'm getting a feeling that there's going to be a committment of some kind to Toshiba on the new Fab announced on the next CC.
Along with it may be a secondary, and/or a bond offering.
This is very strange performance ahead of what everyone knows will be another blowout Q.
I do not agree with you on the cause, but I agree that there is something rotten in Denmark!
Even if a commitment was made, I believe that it will be expensed not a dilution. The cash that this company is generating should handle its share since this will be structured over time, IMHO.
I think we are in the process of accumulation, letting the Sals of this world have their licks with NO response, thus allowing the buying on the cheap.
I believe that the quarter is so good that it will drive the price 20%, now even more with the renewed shorts.
I really did not want to post any longer, I only want the long time longs NOT to lose heart here.
The only other possible scenario of note is that a bid will be made using $43 as the basis with a 50% premium.
I am not privy to any information, these scenarios are my best opinions only and I am long in the stock.
Well ya gotta admit when the DOW rallies 500pts in a week and 60 handles on the S&P and we(SNDK) does NADA, squat, butkus....well it is appropriate to question why? Now given this was a holiday week with no volume and someone wanted to hold it down for one reason or another then it would be relatively easier than during a normal trading week. Overall mkts still fragile and my other concern is despite what great ER week we get from the tech community it will all be about guidance and/or raising estimates....now if you are a CEO in this environment what incentive or reason do you have to offer anything but conservative guidance....