This will move up 20% in a month. Just wait until the iPad 2 sales start. It will highlight this company again. ARMH is cheap even at 50. I don't care what all the shorts say about overvaluation. When you have almost 60% of the market share in cell phone and pad technology chip covered, your stock can afford to go up to the moon, as long as their growth keeps up and I know it will. Besides, this company will be bought sooner or later by one of the other companies that has been left behind.
Arm ran ahead of Apple now just reversing places. Apple will run up to $400 and ARM will look cheap again and with millions more ARM powered devices on the market it will psychologically kick the valuation higher.