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Synaptics Inc. Message Board

  • ayokelay ayokelay Apr 26, 2013 10:20 AM Flag

    45.40 to 40.78 in within minutes

    Thank you shorts for cheap shares.

    Sentiment: Strong Buy

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    • Yes, shorts are fighting hard. But I don't think they'll win this one.
      Some short term traders are also taking profits.

      89% of float is owned by institutions and they didn't sell at all when we hit 40$ and they won't sell now.
      It's not just beating earning expectations - it's massively beating them.
      At perhaps EPS at 5, 10$ per share is cash, big growth the share is cheap now - although also risky if Atmel and Cypress can strike back with new products. But for now Synaptics rules.

      Sentiment: Buy

 
SYNA
66.93+1.59(+2.43%)May 26 4:00 PMEDT