While rated Timeliness: 4, Safety 3; Technical 5
Highest rating is 1, lowest is 5)
So CRUS is kind of bouncing along the bottom here.
3 to 5 year target price is $45 to $65
CRUS isn't DELL.
There is real, true value here and no one is going to buy it for $15.
I know I wouldn't approve or sell my shares at that price.
The board, officers, management team, and key employees know what the value of CRUS is and they wouldn't sell at that price either.
Real risk is an unsolicited takeover that CRUS has to use its cash to fight off.
I hope they have a poison pill provision, but they frequently don't work either.
Then bought back in at DCA of $22, so have a slight loss. Liek I posted previously should have sold when CRUS hit $44 and insiders were selling, bt I did not. Won't make that mistake again.
I think Samsung has given everyone a great lesson, like in politics, in business, if you spend enough money on advertising you can sway the consumer. All technical reports say Apple is better than Samsung, but Samsung has taken a huge bite out of Apple market, but at a great price. Are the gains sustainable?
Nevertheless, I believe CRUS has value.
Even more if CRUS could make its other ventures catch fire.