Yeah, you're right. I found a blurb, " ANADIGICS will have a private chalet at the 2012 Mobile World Congress, February 27 to March 1, in Barcelona, Spain. The chalet is located on Hall Avenue – AV83 and will feature a product showcase of leading 3G and 4G devices powered by ANADIGICS’ industry-leading RF solutions. To schedule a media briefing with an ANADIGICS executive or product spokesperson, please contact Vivian Chang"
That's an interesting catch. However, I can't find anything about them attending in 2012 either, though they did make it in 2010, 2011, and 2013. Am I missing something?
This price seems a little insane given the stated buyout in below $10. I don't know what I'm missing, but I sold March12 calls on my entire position. I'm betting once the hoopla dies down, this will retreat and I can buy 'em back at a discount or let them expire worthless.
I think we've got to get to break even first, but IMO, if any, a further merger with TQNT/RFMD would be more likely.
The immediate advantage of the merger is that it opens possible new markets for ANAD as companies will seek to diversify suppliers.
Curious to see the current 12% premium that TQNT is trading at, given the merger value is only $9.73 per share. Several law firms are now alleging breach of fiduciary duty on behalf of TQNT for failing to obtain maximum value. As a TQNT shareholder, I'm not complaining.
M&A was long overdue in the RF industry. Will this move spawn any more?
Just yesterday evening I wrote Paul a note questioning whether the folks at Goldman might see the synergy that could be achieved by TQNT merging with ANAD. But indeed, reviewing the market caps, we hardly can hope to be on their radar. Nevertheless, I still would not discount this down the road. In the meantime, a rising tide lifts all boats.
Yes, they've been keeping it at 1.88 for a couple hours now. We'll see how it closes, but this little drop has practically been in the category of daily noise. Surprising since the sisters are a little weak today as well. I'd still like to squeeze out at least another nickel before I replace those 10K shares.
Sold 10K going into earnings at 2.05 for a little pocket change. Will be looking to reacquire those shares, possibly today. Recommend you download the cc transcript and go over it. Paradigm shift.
205K shares and buying.
It was all but said that we're in the S5 in the Needham presentation and that was one of the factors that drove us about 20 percent higher. Then the current market jitters settled in over emerging markets and a long overdo correction. Had it not been for that, we'd probably be 2.3 by now going into earnings.
Now, if for some strange reason we're not in Samsung's new flagship, look out below. That is why I say it's cooked in.
Tiger, that's probably prudent, but the stock moves fast in both directions.
Make sure you listen to the Lehman presentation. I don't think you'll hear much different in the earnings.
I doubt it will have much bearing. TQNT ran into a temporary inventory problem with AAPL.
As for ANAD, today's gyrations were probably a reaction to the stock awards.
Looks like 24 Feb with blockbuster specs; sales beginning in March. However, given the strong hints at the Needham conference, ANAD inside is probably already baked in, so I wouldn't expect much of a bounce out of the discovery. But then, who knows...
Last year they put out the press announcement of upcoming earnings on 14 Feb and actually released earnings on 19 Feb, so if the past is any guide, the announcement should come on the 13th followed by earnings on the 18th. Stay tuned.
- Sentiment coming out of the Neehman presentation was decidedly positive, pushing the stock up 8% in a matter of days
- Sister RFMD has also enjoyed positive sentiment
- Stock sold off on general market sentiment of a coming correction; large blocks sent the stock to 1.96 temporarily yesterday
- AAPL results will pressure techs today.
Given the above, we may see a favorable point for entry today 1.93 to 1.95. Absent further general market correction, I anticipate strong positive sentiment following earnings. #$%$ shoot, but worth taking IMO.
I've only sold 5K shares last July, so I guess that basically makes me long-term. And I'm up all of $800 on all those shares (LOL). I don't even want to think about the lost opportunity cost. Time for some pay back ANAD!
Picked up another 10K in multiple buys at 2 this a.m. Now 215K total. I might be premature; t remains to be seen how far this stock will backfill over the next few days. Yesterday's 29 cents (actually 35 cents if you consider the daily high) is a pretty big bite to chew. Thus far, volume today is not showing a lot of follow through. We'll see.