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Cirrus Logic Inc. Message Board

  • hageneriksson hageneriksson Nov 5, 2012 2:25 PM Flag

    stock bottoming out - might be worth a scalp trade - but still a bad long term idea

    if you want to have Apple exposure in your stock portfolio go and just buy AAPL. The stock is as cheap as CRUS but unlike CRUS it doesn't come with a risk profile that unfavorable.

    at least AAPL can't get designed out of its own products I guess and it does have some more products to rely on (even if the IPhone is by far the best selling device in the portfolio)

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • do you realize what you have just said. "the stock is as cheap as Crus" are you sober my friend. as i said last week. what the hell are you doing here with your comments. its obvious you do not own the stock and have hot balls for the company. only shorts have that M.O. or someone who got his #$%$ fired from Cirrus and cannot handle the success of the company.

      Sentiment: Strong Buy

      • 1 Reply to althegambler
      • and perhaps we should mention the tiny little problem that CRUS derives 90% of its revenues from AAPL, can be outdesigned at any time and even if they manage to keep the relationship this will come at the expense of margins. Finally they are have to pray that these AAPL products become megasellers.

        CRUS is one of the worst long term holdings I can imagine at this point as the risks outweigh the chances easily. It's just an unnecessary risky way to bet on Apple. Buy AAPL instead.

        While a bad long term holding the stock is a great trading vehicle which is quite easy to read. Stock has settled after some days of intense pressure (which made me money on the short side) and starts to bounce a little bit - picked some up at $32 and will sell them for $35 this week.

 
CRUS
20.54-0.62(-2.93%)Oct 22 4:00 PMEDT

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