Well I hope its a good one. The last one was swallowed and is a proponent of new highs. Stop worrying about the immediate and lengthen your horizon
He will sell the company, but not until he streamlines the merger and macro- economics improve. He'll get in the teens and then cut lose around 20. Probably 12-18mths.
Drop 10% from current level- I'll take that bet. I guess I already have.
You act like CY is the only SEMI taking a hit- news flash they all are. Oh, another news flash the whole market is taking a hit.
I wouldn't lay down any bets on it. You are talking about a Co that would have to make an offer double their current market cap-and CY did not pop the story -Reuters- sources !
When CY was bidding on ISSI they were totally transparent.
Look at insider buying in Tahoo finance then you will know what was stated is fact,
Now with that said, 80k is peanuts. If the CEO or CFO woulod buy 200k shares or better then that would imply confidence.