THE IDEA IS THAT THERE IS TREMONDOUS PRESSURE ON SMART PHONE PRICES. Sam Sung is lowering the prices and tanking today, so will aapl and everybody else, and this 1 customer #$%$ stock called CRUS will have it's nuts cut off even further on squeezed margins and lower revenue. Don't listen to bagholders idiot on this board. this is $2 stock
Pure speculation by traders who follow junki opportunist media like ZACK.
On ther other hand, CRUS is making double bottom at these levels and this is last hand-shake before rising strongly.
All indications points to an oversold condition. Compare it with OVTI and TQNT and you can realize the fact that this is the best opportunity for all (shorts to cover and longs to add).