i agree with rmm and cody. dseigel, I understand the feeling of frustration today. the market is irrational sometimes. MM's are playing games today. We will get through this. Invensense the company hit it out of the park this week! Is it a surprise, no, but nobody was certain about what slots we won until today. Let's celebrate the company's success so far and forget about the stock price until next week. the games can only last so long.
would rather see them panicking. alibaba will definitely make it easier on them but it will still not save the shorts from a nice squeeze. sit back and enjoy the show today, folks :)
Swype debuted at number one paid app in the apple app store. Not too shabby.
"Within 24 hours of their debut, paid keyboards Swype and Fleksy climbed to the top two spots in the U.S. paid iOS app chart, displacing popular games such as Minecraft Pocket Edition and Five Nights at Freddy's"
"My next curiousity is who the potential 10% customer from China would be."
Maybe it's jack ma, building his own version of the fire. It could have a little robot arm that extends out of the tablet and pickpockets alibaba investors. He can clean out their wallets as well as their portfolios lol
Seriously though... who knows. As invn's product portfolio gets broader the potential applications for their chips (and software!) gets more diverse.
I'm not saying you're right, but even if we are only in the iwatch it's still good news. wallstreet is grossly underestimating the iwatch. It's going to be huge. i can't stand apple but they sure do know how to market a ground breaking product, even though they are rarely the first to market with it. wallstreet observes how galaxy gear was a commercial failure and they are assuming iwatch will be the same. wrong. the apple sheeple will set the trend, as they did with ipod, smartphones and tablets. watches will be the next smart phone sized segment and they will all need invensense products.
yeah goldman often downgrades a stock to get their clients in at a better price. look at their record on nxpi. Their recent nxpi downgrade was classic gs manipulation. it didn't work that well (subsequent weakness in pps was shortlived) but functioned to get their clients more nxpi shares a few dollars cheaper before price popped back up to $70
Good find peso. I wonder why the expansion in Microsoft's backyard....
I see svvc holds QMAT. Don't see GT though.... where are you seeing this? I am assuming Landis wasn't lying about either and owns both invn and gtat but neither have been updated to the svvc portfolio on his website.
I don't know your handle, permit. However from what i have read of mensa, on various boards, he seems to do pretty well. I followed him on the chtp (chelsea therapeutics) board. He predicted northera would be approved by the fda and then the company would be bought out. And he was right on both counts. It was a matter of months for these catalysts to play out - not years. Go see for yourself on the chtp yahoo mb if you don't believe me.
that said, please do respond with examples where mensa has lead investors astray? I'm sure you can, since we are all wrong sometimes...but I would only be concerned if a pattern of misleading claims could be established. I have not read even close to all his posts, so I would sincerely appreciate the feedback.
I agree Dirk has some interesting knowledge to share and I appreciate it - however Dirk is far more worried about his own portfolio than yours. Always keep that in mind. That said, he has much to teach us and I continue reading his blog
"Nuance may or may not pan out for him. If not, he moves on..."
of course this is true. And you're right I seriously doubt CI loses sleep over his nuance investment (though I bet that brett and david do!)
But people on this board are talking like CI doesn't care if he loses money on an investment which constitutes 3.5% of his holdings. I'm calling bullspit on that nonsense. Sometimes it doesn't work out and a professional investor takes the hit and moves on. But there is no way, on gods green earth, Icahn would bow out of this investment at a loss without putting up a massive public fight. Nuance is low hanging fruit in the activist investor universe. It's practically a case study in what Icahn's publicly stated philosophy is dead set against.
mergan, check this out on bloomberg:
If irobot is going to be going up against big companies like dyson, phillips, etc... irobot is probably more open to being acquired
onyx you are wrong. Icahn is likely more concerned than any of us about losing 3.5% of his portfolio. It's a hel of a lot more money for him than it is for any of us!!! Like I said before you don't get to that level of wealth by being careless with your investment capital. Ya get there by being obsessively diligent.
you dont get to be as rich as carl icahn, who is a self made man, by not giving a dam about capital. 3% of icahn is still a lot of capital!
a reminder of how dangerous Icahn and a coalition of disgruntled shareholders can be....
From the last proxy vote, the only resolution where CI and other institutional (and retail) shareholders collectively voted against the nuance fiefdom: #3
Proposal 3: To approve a non-binding advisory vote on executive officer compensation:
three million shares. That's far from impossible. Icahn can resign his board members and take the gloves off anytime he wants. He is not alone in the nuance shareholder community. Both retail and many institutional shareholders want to see an improvement in the company's stewardship.
I think onyxpig is right; if we don't see the above scenario it's because Icahn approves of the turnaround plan the company is currently executing.
it think you're probably right, mergan. Would be a nice fit if the company were broken up first, but highly unlikely they would want to break up the IP. Google or samsung however.... one of those guys could happily gobble the company up whole. Between Nest and Samsung's appliance division, irobot would fit right in. Plus imagine the combined IP of irbt and Boston Dynamics. woooohooo.... kind of scary but cool ;)