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Cirrus Logic Inc. Message Board

  • kbononi kbononi Apr 12, 2011 12:27 PM Flag

    i'm in almost at where I bought before, geez...

    did you all see that JR said there is no problem for them from Japan?

    better not do a smackdown!!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • no but jr did sell 2.2mn dollars worth of stock during the quarter..hmmmmm

    • what happened. i thought you knew.

      you hurt alot of people with your optimisem

    • they bought their stock because it was a bargain and under valued evidence of that is it went to 25 they doubled their investment

      and will do it again if mkt presents another opp

      we already answered your question in how much the buyback contributed to earnings

      insiders ALWAYS sell in this stock because they know how volatile the stock is

      if you dont believe in it then get out of it

      if you are shorting id get out by next week as APPL reports

    • they did the buyback i suspect b/c the stock was dying...

      Don't you remember????

      no buyback, just would have barely met the street with revenue inline... that would have not been a $3-4 day.

      which means the insiders would not be selling all the shares they are now?

      what is it over 300k they sold in the last month or 2?

    • kboni

      thats wrong too.

      i know many prop/and some i would consider pro traders that write on message boards.

      not to sway the stock price, but to help, call a correct movement, for praise, and sometimes to look for info and share information links but; But some it is mainly for their egos, to be right.

    • uncommon--you are exactly right!!! finally someone who knows what they are talking about.

      just sick of rookies sometimes. And then they the rookies talk down to you, as what they say is a matter of fact.

      oh and "uncommon" this lady"kboni" bought and watch crus go to 12.50 and then when the stock goes to 25 she doesn't sell??? that is the only reason i was trying to help her. I guess some people play on different levels. i guess people can watch a 100-500 shares go up 10pts and down 10pts, but to watch 10-20k shares go up/down can be exciting/or very frightening.

      that's all.

    • one more thing if a disaster happens CRUS will do a buyback to protect their investment in their own stock, you bet they will!!

    • correct, I do not short and etrade told me that is what they and others do, borrow shares for shorting, and I am not a pro nor do I ever say I am, and people on the boards are not pros. Pros have better things to do!

    • i rememeber you. this is not a buy and hold market. as i noted it acted real strong around this support level.

      why this is a crucial cupport level, b/c this is where the stock was before it jumped on earnings.

      good luck. don't think it goes to 10 just being a d.ick to people who try to talk down to me.

      rememeber when this stock was dying at 13 and then crus announced that buy-back, if they didn't buyback shares would they have beaten earnings?

      nope shorts would have kicked it down to 8.

      bottom line, w/70mn shares outstanding there are too many shares that the shorts can use, too much loose turnover float out there. and insiders are selling all they got.

      guess your in it to earnings i might want to buy some puts if i was you. but i think crus gets a bounce to 19's before coming back in.

      • 1 Reply to playforkeeps1269
      • you must listen to the CEO's comments after last earnings to know this company, they have a contract with Apple, so regardless of what they did last quarter they met the numbers and it was what he SAID on the call that made the stock jump to 25, and many funds also bought in then too seeing a growth opportunity, the fall will be their strongest quarter....I think it will start to trade with AAPL soon...this is a stock you taper into not buy all at I said get a selling price in your shares so the shorts cant borrow them...CRUS seems to go back, as most stocks do to the point of where the rally began (fill in gaps)

21.16+0.13(+0.62%)Oct 21 4:00 PMEDT

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