Interesting tape this morning, price spikes on sudden heavy buying spurts. I suspect we have some traders / momentum traders back in.
We may be setting up for sell on the news, unless there is some concrete numbers, contracts, details other than "design wins". Let's hope there is something with some meat on it today in the call.
i listened several times for nuances. none. they both stated explicitly their focus was on tv and audio/visual end uses. anything remotely focused on smart phones would be tangent to this strategy. which gets back to other comments about the wireless world. hd is already available via smartphones(at least the 4g ones). once you go that route, you dont need cables for a/v presentations. we do this all the time at stanford.
Yes, indeed, pleasantly surprised.
Still wondering what keeps it here (let alone going higher) tomorrow, and Wednesday, and Thursday...
Are earnings touted to be good? Anyone want to throw out a guess?
Yep, kind of expected... more resilient than expected though... but we probably more air left in the balloon today.
I am keeping my eye to where it gets support again, if that is at the $4.50 range, that in my mind IS A HUGE POSITIVE if you look at where it was two weeks ago!
travel...what a bunch of bull. the conference call stated they have no other product to roll out. and their focus is on analog, not digital markets. a field others have been leaving in droves. dont see how your "analysts" have a better view than the company's own management.
I am looking for my next entry point to buy more... we have both seen how this plays out. I am confident long term, just weary of how traders can whack around a stock until there is some real meat on the bone... no point in losing money if you don't have to!