Qcom started the marginal pressure by cutting down the quad prices. They have been having this issue forever, if it is nnot qcom its mediatek!! Will see what the management has to say about the margin and bottom line next week.
New 52 week high by next week... Earnings will be in early May as it has been for many years. This one has a great product in a great market. Super cheap.
They priced them higher to begin with and did not want people to trade it. Every month, price either call or put was the same way. Hang in.
Sentiment: Strong Buy
its cheap and still in a very slow short covering mode! People will bid the price up with the next catalyst (earnings report or...etc) Hang In
why don't they just spend some of that cash and get a reputable accounting firm from U.S to finish all this none-sense accounting bull*&%????
Yes i agree, there were to many upbeat people on this call. As long as you grow like this, you do not have to worry about small inventory build up and fractional decrease in margin. Good Q all together, excellent guidance in the slow time of the season !! we'll make new highs very soon since this stock is cheap regardless.