Let me follow that up by saying if the stock hadn't been beaten down so badly lately, the price action today would look fine. But considering what it's just been though, it looks quite negative. Basically no significant bounce.
Looking at CRUS in the face of the market's huge rally today, tells me there are no large buyers enthusiastic about this company's near term future. That may change if both Apple and Cirrus surprise analysts with some great news, but in the absence of that it looks like this stock will move mostly sideways from here. Probably a pretty narrow range for a while.
bought some at 18.18 a few days ago...even that is under water! But all logic points to CRUS going UP, but emotions are driving this down
...in the end I hope Logic (as in Cirrus Logic!) and logic will prevail as they usually do!