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Exar Corp. Message Board

  • Oct 31, 2012 2:42 PM Flag

    Who is buying Exar stock

    I realize this board does not have a lot of followers but, I would love to see a dialog develop around who is buying this stock at the current price? I don't see any upside in their business and generally believe they are barely hanging on to their market position. They have a lot of cash but no real market momentum. Why are people believing this stock is going higher? If you are buying, tell us why.

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    • I am not buying any more, holding, but someone today put a lot of money down and don't they post to stock boards. Shorts can not be too happy today. I am not in business but was old HIFN shareholder so believe their compression and security cards portfolio they picked up from HIFN a few years back is second to none. Never did explode as they thought it would, but appears to have found a solid niche in certain applications.

8.40-0.06(-0.71%)Jul 27 4:01 PMEDT