Wow...took less than a month for this stock to tank below my target price. I think I'll have to adjust the new target price to $3.00 if ONNN is stupid enough to print off a bunch of new shares at these low prices to buy some Atmel revenue.
Talk about stupid. Looks like the end of the road is in sight for this management team.
I think so might buy a few shares the long term recovery 3rd qtr 2009 more economist unemployment to 6/4% so obviously supply and demand will be affected so 5 is likely perhaps lower. No hurry if the recovery is last of 2009 then a trough and then a slow crawl up. So buying in the trough would be better but its human nature to second guess the bottom.