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Cypress Semiconductor Corporation Message Board

  • village_idiot_mayor village_idiot_mayor Apr 30, 2012 5:54 PM Flag

    So???? The CEO Bought 500,000 shares??

    Last Thursday a week-ago--I think it was April 19--CY closed at $16.

    Over the week-end all the CY Lovers went beserk over the CEO telling Cramer he bought 500,000 shares!!!

    What's the point??? It only bounced the stock today up to $15.51!!

    Seems to me Management at the Highest Levels is somewhat desperate to prove something!

    Add to that the LOSS in Q1 2012 they turned into a GAIN by re-stateing their projections and you have a lot of Bull Crap going on!

    Perhaps the CFO will buy 500,000 shares tomorrow and push it up to 16!!


    Lots of strange things do go on in California!

    The Mayor--CBS/cbs

11.235+0.125(+1.13%)12:39 PMEDT