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Cirrus Logic Inc. Message Board

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  • hageneriksson hageneriksson Nov 1, 2012 7:57 PM Flag

    stock back to unchanged again despite expected positive analyst commentary and an upgrade to strong buy

    would have earned a huge amount of money during the day - if anything this should add to their reputation as investors obviously decided that at this point future concerns outweigh the present positives at CRUS.

    I already pointed out exactly the same concerns yesterday after the conference call and based on today's price action the majority of investors share the concerns.

    It just doesn't make sense to own a stock which is completely dependent on the fortune of just one or two products from just ONE company.

28.84-0.42(-1.44%)Oct 9 4:00 PMEDT