Technically speaking AMBA is retesting the recent low. If it holds here and bounces tomorrow, next week we could see a nice rally. If it breaks down from here, $50.70 is next support.
Thanks for a great entry into AMBA. This is a very small company now with huge room to grow and lots of untapped markets to dive into. Not to mention a possible takeover by INTC, QCOM, CY or AMAT.
Heard from a reliable source that Pershing in a state of panic bought a large amount of put options in case stock drops a lot more! Ouch! There's confidence for you.
Because of China Biotechs after Dragi refused to increase the Euro QE helped by VRX sell off with solars hanging in there. How could you miss it?
No one got rich from the stock market by selling stocks at 52 week lows. Lots of investors made huge money by buying when sentiment was horrible. This is one of those times.
Absolutely nothing new happened. Just some HFTs pushing down all biotechs because they can. This is a huge opportunity in the making. If you sell, you will be very sorry in a few weeks.
Or, it's yet another gift thanks to program traders and short-term algos.
Her action against the drug industry ensured that she will never be our next president! She should fire her campaign manager! Horribly miscalculated gamble, and an act of desperation - Trump is dancing on tables now!
Dying industry?? Right, so no one will need oil or gas in 10 years!! We will all be praying to sun god to energize our factories, cars, homes, etc.!!
What a hero remark! No big-pharma funds to support her campaign now. Stick a fork in this one.