is this even possible for a stock to be this cheap?? A tech stock at that....I cannot find any that is that cheap..
Can anyone?? Sell off is WAY overdone...
Have a look at IMOS, trading at 2,5 FCF. Debt being repaid quickly, PE of 5 this years earning and listing in Taiwan coming up, unlocking the value. With compliments from Europe.
Do you suppose there is any chance management is intentionally trying to sell the company now?
Well, the CC sounded like they just lost their Wife, Kids, and dog in some horrible accident. OMG, sound excited for the future for Gad's sake.
I cashed in my NXP trading shares today to double down on Nuance just below $20.00
My average price for NUAN is $20.98
Hope I'm not kicking myself on monday....
(Still long and strong with my core nxpi postion too)
Worst sounding conference call I've listened to. The tone was just as you described.
Do they WANT the price to go down?
Or maybe they're starting to realize they're not Gods.