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Cirrus Logic Inc. Message Board

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  • kbononi kbononi Sep 12, 2011 9:48 AM Flag

    A Question....

    earnings alone will move the market and until earnings season gets kicked off volatility will reign supreme as market is only driven by news events, not fundamentals.

    This is why AAPL holds it share price so well, even after Jobs announced his leave, stock took a small hit down to 353 in those evening after hours panic selling then the stock resumed its uptrend next day....fundamentals do matter with a strong stock like AAPl.

    even two weeks before earnings CRUS will still be at 15-16 range...

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