This stock is going to surprise a lot of people. It's licensed technology will increase income significantly as the economy rebounds and expansion takes place. Worldwide chip production will increase in all areas that Tessera technology is involved which includes cell phones, cameras, etc., etc. Good luck to all the longs!!! In 30 days, Lehman and Merrill Lynch will come out with Strong Buy ratings.
TSRA had a nice pop and held on decently day two which was a poor day for the market. Nice to be in this stock at 13. Flipped some and holding the rest. Expect TSRA to be volatile, perhaps similar to Rambus over time. Lawsuit outcomes will move stock at times also. It was such a hot name, and IPO was oversuscribed by 10 times or more, that they got greedy and raised the range then priced at top of range. Still, happy to be a long, and also have some realized gains to boot. "Trend