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TriQuint Semiconductor, Inc. Message Board

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  • onepoint272 onepoint272 May 24, 2011 3:46 PM Flag

    TQNT dropedmore than SWKS and RFMD

    Let me get this straight; you're saying it will eventually inch up to $20 after falling to $6 or $7? So you're short right now?

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    • I believe he was making the point that last summer it went down a bit (presumably off the $8 highs) into the $6-$7 range before moving back up over time to the $12s+. I believe he is speculating that it is currently down a little again as it was then (from the $14+ highs), but that it will rise to the $20s over time similar to how it rose last year.

      I don't think he was claiming that he believes it will drop to $6 or $7, just that it is currently down and will be rising slowly-but-surely over time.