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Cadence Design Systems Inc. Message Board

DRtightwad 3 posts  |  Last Activity: Aug 23, 2015 9:35 AM Member since: Apr 4, 1998
  • This investor follows mr market in general and AMBA in particular. The high flyer momo stocks have been severely punished with the bearish mr market tape. It is known that the institutions support their stock near the 200 day average. Friday's low for AMBA was 86.28 and the 200 day average is at 86.21.

    This investor will watch to see if the stock can manage to hold near Friday's lows as the earnings report is but 6 trading days away. It will be interesting to see if the stock rallies into that report.

    note: this stock is heavily shorted / a catalyst may cause a viloent price action upwards {especially after this pullback}


    Sentiment: Buy

  • This investor was not swayed from the Citron report primarily because comparing Ambarella to the likes of 3D printing stocks is like comparing apples to watermelons. There is a HUGE difference in FINANCIALS
    {amba actually has a p/e with quality growth reports} This investor believes Citron was either misleading or completely wrong when citing competition concerns. The following comments are from the latest {today's} analyst upgrade = "STIFEL HIKES AMBARELLA TO $115/SHARE ON POTENTIAL FOR 'ANALYTICS FEATURES' In a report published Thursday, Stifel analyst Kevin E. Cassidy maintained a Buy rating on Ambarella Inc (NASDAQ: AMBA), while raising the price target from $105 to $115, after meeting with the company's CFO, George Laplante. "Following the meetings we are more convinced that Ambarella is methodically expanding on its core competencies (video capture, compression and energy efficiency) which is increasing competitive barriers to entry," analyst Kevin Cassidy said. We see analytics as a critical barrier to entry for competitors and providing additional camera features." Ambarella has plans to invest around $10 million in developing its next gen video processors, which would be based on 14nm, the leading edge of semiconductor process technology." Here is another rather bullish comment from the analyst = " The revenue and non-GAAP EPS estimates for FY17 have been raised from $384.0 million to $404.0 million and from $3.19 to $3.50, respectively, to reflect "a trend for broadband service providers offering home monitoring as part of their internet, broadcast TV and telephone bundle,"

    That last line is important as AT&T {an established AMBA customer} is already rolling out the expanded bundle with other carriers expected to follow suit {competition is good}

    This investor is bullish on the stock

    Sentiment: Buy

  • drtightwad by drtightwad Jun 16, 2015 10:14 AM Flag

    This investor has noticed some bullish metrics:

    1. The stock is at highs with good volume

    2. The stock chart is bullish

    3. The company's business is in a highly regarded place on wall street {security}

    4. The float is small with a very high % shorted

    imo = the stock looks to continue to trend higher

    Sentiment: Buy

20.05+0.12(+0.60%)9:30 AMEDT