Lucky for us, cash has been cheap as Fed rates have been at $0. That may change soon as rates may increase which brings borrowing rates up. Our problem is we have issued more stock in the past instead of borrowing and have had one $12 million whale come before last quarter. If we will be in need of cash, now would be the time with cheap rates to grab some as product demands increase. Our PPS would increase dramatically if we would have some money on the bank instead of relying on the devices rolling in any faster. New devices have been at a snails pace. Fall will hopefully start the ramp up in device wins and we can get more cash coming in.
It would be nice if our IR department would publish and republish articles that would get news out to the uninformed public... I am not happy with the lack of coverage and news and have to email their IR department to get information all the time it seems.
Nothing apparently is able to move this stock up. There are just no buyers out there and the recent panic selling and margin covering has reduced this stock to all time lows yet we are looking better the we ever have as LTE traction is moving along. Difficult waiting game, but our time will come and when it does, we will fly high by leaps and bounds.
Apparently nobody has read that article as the slaughter continues. Eventually here, we will go up as this is WAY, WAY, WAY oversold here.
Go fishing and don't look. Will be fine. This company is going forward and they will be accelerating their new chips as they said they are adding capex to keep up and /or ahead of the Jones. In 2016 you will look back and be very upset selling down here in this panicked market.
I will be buying this as I sell others as this is just been a bloodbath that the shorts are in control of. It will turn as they will have to cover. You will be rewarded buying now and holding this as like all chips their are cycles and our new one is coming 2016 looking ahead is the way to win in this market.
How is this even possible with the new chips under development slated for 2016 and joining up with Intel? Then there's the $21 buyout offer on the table that nobody would even consider a month ago. Margin forced a bunch of selling today to start covering calls. If I only had some dry powder to cash in on all these huge bargains. Think where this stock will be next year at this time...
I have no blood left and have been buying all the way down from 25 to 17. Just can't believe how the shorts can just crush a stock like this. It's as if their revenues are gone and they have no one buying any of their products. I guess investors are thinking they are going out of business or something. THE SKY IS FALLING !!! Run for the hills, panic has set in here with this stock... Not even a bounce. Never seen anything like this to be taken to the woodshed like there was no hope-
With no buyers wanting to step in today to buy anything (maybe some gold or silver) everything got pummeled. It's the normal "the sky is falling" scenario as limits got met and selling by the computers began. We will see where things are at end of year. My guess is we will look back and call this a break even year unless you are able to buy these dips and sell at the tops. Good luck on that. It's all about the long haul and I still see people out doing the same thing they did last week...
After the latest bloodbath, the $21 offer is looking great right now. Put it to a vote now and I'd bet it would have a chance. Hard to believe the shorts are pushing this so far down with the offer out there hanging around.
Who would have ever thought you could buy down this low and they will pay you 6% to sit back and wait. This company is too big to fall and will be around or bought by someone. What a steal of deal here...
Sentiment: Strong Buy
I agree, big money must be driving this down because they want a slew of shares and they know they can shack out weak hands with a price decline to get what they want. on a low volume stock like this. They did this before and drove it down just to launch it higher on big volume. Looks like they couldn't get it much lower as they tried earlier today but failed as it did not just keep falling like yesterdays bloodbath.
No news out that would make us drop so much. Was on average volume so maybe some institution was taking profits. Quite a drop after that great quarterly report and forward looking comments. Just makes you say Hmmmm?
Sentiment: Strong Buy
That was me chasing this thing as I got home late... Bought at close but think the bottom was set today and with the limited downside and all the sellers out, pretty safe bet right now.