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Cirrus Logic Inc. Message Board

  • happyperson_1 happyperson_1 May 23, 2013 11:19 AM Flag

    Drop in margins and the big drop in Japan taking it's toll!

    They are still selling this heavy. Where it goes I certainly do not know yet so far today even as market was moving back up, CRUS continued to make lower highs and lower lows. Losing 19 not a good reading. Appears there was a lot of shorting of CRUS the last week and a half. They have continued with a number of the buyers today being shorts that are covering. Obviously longs getting pulverized with no let up.

 
CRUS
51.50-0.50(-0.96%)3:20 PMEDT