I will no longer be posting on this board. Regrettably this board is infected with liars, deceivers, and lowlifes. My parting piece of advice to the decent people on this board is this: Buy the stock. And hold on to it. You will do very well. Congratulations to the company on their success with Apple. I and others have been waiting a long time to hear this news and great news it is! Invensense will not announce they have the business until their is a tear down here in the states. But their 6 axis gyro-accelerometer combo made it into the iPhone. I would not be surprised at all to see the stock close today above 25, even though it is presently being
manipulated downwards. Hold on to your shares. Add to your shares. You'll be happy you did.
I think you'll regret this remark sooner than later. Like most bashers on this board you need to be a
bit more circumspect.
Gary, I believe you may have read that wrong. Adam Tachner picked up around 36,000 shares at .0 cents. He then turned around and sold approximately one third of those shares on the open market at an average cost of $22.75, leaving him with 22,736 shares. He also has approximately 81,000 shares in derivative investments.
This was my response to the many negative responses to the stock recently pulling back. I'll tell you what: while I'm selling 5000 shares at 24, you can take a walk around your neighborhood and touch some leaves.
I'd be shocked to learn that a conservative accountant was day trading his severance shares. yes, Krock sold his shares, but that has been his MO throughout his tenure. He never held onto shares. I see this as just being consistent with who he has always been. Also, this close to the news about Apple, there are insider trading laws. Executives have to exercise tremendous caution as to how they conduct themselves before business altering events.
By the way, welcome. Grateful to have your voice and perspective on the message board. Should have said that earlier.
There is nothing you just said that I disagree with. I think you have a balanced and
insightful take on the company--it's shortcomings and it's strengths. They replaced the CFO which is an important step in growing their business forward. The one thing you have not ventured is a guess as to whether or not the company was successful their pursuit of
Apple's business. Disregarding the specifics on how profitable or unprofitable the business might be, I'd be interested in your opinion: did Invensense get Apple's business? If so what? I am relatively certain they are in the watch, an unproven and speculative item.
And monkeys and gorgeous blonds both have lips but I wouldn't be caught dead french kissing a monkey. Sensing that you could argue this point all day I call it quits for now and hope that Invensense is in a number of Apple's products. Regarding Harvard being referred to as the West Point of Capitalism, yes it was (is). But saying nothing of personal satisfaction or happiness, I'd love to find a study comparing the financial success of graduates from both schools--Harvard and Wharton. My money, on that count, has Wharton being the best business school in the nation. It's been considered so for awhile. Look up the rankings for best business schools in the nation. Wharton wins that hands over Harvard. Sorry.
Thanks for your thoughtful reply. Very valid. But although I lack the knowledge of insiders and world events that have yet to occur, I am still not ready to give up my due diligence in favor of throwing darts at a dartboard. In a world that has an insatiable hunger for fast and pin point accurate information, I'm not sure I would call Invensense speculative.They, after all, the leading motion sensor supplier in Asian cell phones and the application for their product(s) continues to grow. I have been following the company for years and am enthusiastic about their technology. If I stopped right there, which I don't, I would already stand a better chance of making money in Invensense than I would buying a lottery ticket. I too am proud or my Alma Mater. And I think we can both agree that the West Point of Capitalism is the Wharton School of business.
that we'll see a little bit of a run up, perhaps to around 24, in these next few days that precede the
teardown. I'm assuming that there will be a teardown on Friday. I think companies will be racing to out scoop each other with the news.
Not everyone is dumping it. There are a number of reasons why the stock is down today. Yes, weak hands are being flushed out. But tech, in general, is down; there is a certain amount of short covering going on; and some of the stops that people had in place have been triggered. All of these elements can lead to down a day, especially when the Nasdaq is struggling.
There is no comparison between investing in the stock market and buying a lottery ticket, unless, of course, you know nothing about investing. You cannot research a lottery ticket, which is pure luck and chance. Warren Buffett never invested in a lottery ticket; he has, however, made a fortune investing in companies he has thoroughly researched and saw strong potential for growth in. I think you might fare better in some French existential environment where people philosophize about change while not doing anything to impact their surroundings.
Aren't you clever? But I'm going to assume you know the difference between those who use this board merely to brag about their own winnings, and someone like myself who is usually on point but digressed a moment for a light-hearted exchange with someone who had a sense of humor.