I just increased my holding after hours. Had to pay 5.85, maybe because IBM came in with strong earnings and guidance. I was waiting for that IBM number, because a bad number from IBM might have made RFMD and other tech even cheaper tomorrow. If it had been a bad IBM number, I would have loaded up bigger on even cheaper RFMD tomorrow.
Hope to see a bounce up in tech this week, but I'm thinking longer term. Anything under $6 looks like a good buy on RFMD.
jumped back in $5.78...ibm, apple and intel earnings the catalyst. look out for the debt ceiling nonsense if it fails market will go blood red. when tarp failed dow dropped 700 points! so for now a trade back to mid 6. trade with stops
Agree and, i mean from a practical vantage point, one has to ask how many serious Smartphone buyers around the world decided not to buy because of Greece, Ireland, Italy, and the US ! LOL! ASIA is still clipping along and RFMDs OEM base has broadened and deepened! I think RFMD brings some sunshine to its CC next week! All IMHO of course!