Ever the naysayer.
NASDAQ futures are down over 60 points, so clearly the market is in for a rough ride. Nevertheless, ANAD is tiny and generally not as subject to the buffeting of market forces as the behemoths like SWKS. Moreover, we're clearly in an uptrend, so it will be interesting to see if we fully retrace or maintain over a dollar. Personally, I think you'll still see heavy buying at $1.00 if it even goes that low. I know I'll be buying. That said, I've exited all my positions save ANAD. Cash is king.
Both QCOM (-5.58% AH) and QRVO (-4.64% AH) are down after-hours on good earnings/iffy projections. Sentiment seems to be sell the news. I expect ANAD will consolidate tomorrow after initially opening lower. This is your chance to get in, though I doubt we'll see $1 again.
I’ve been adding. 10K at .93, 5K at .99 (last Friday at the close, attempting to push it to a dollar), and 3,567 of a 10K order at 1.05 today. We’ve now had five consecutive closes above a dollar. If this is going to try to break down below a buck, it will do so next week, but I think that’s a useless exercise now as earnings will boost it right back up and delisting is all but off the table. Nevertheless, those of you who have been lurking--biding your time--next week may be your last, best chance at get in. There will be a solid wall of buyers at $1.00. Ddule would be wise to finally sit down and listen to the Needham conference and realize he’s been playing with an old deck. Time to make those SWKS profits work for him in ANAD.
I remain cash heavy, as I am far less sanguine about the health of the overall market, but I just can't pass up ANAD at these prices.
Ashburn Daily reports, "Shares of ANADIGICS, Inc. (NASDAQ:ANAD) rose by 10.2% in the past week and 39.54% for the past 4 weeks. For the past week, the counter has outperformed the S&P 500 by 13.34% and the outperformance increases to 43.96% for the past 4 weeks."
I should think a little consolidation was in order...
Two more days to talk it down below a buck. You can do it ddule! Perhaps if you doubled the number of your fatuous posts...
With ten consecutive days of ANAD stock bid price over $1, delisting should now be off the table. That ought to attract some buyers next week, and even more after earnings, so long as the presentation remains positive and enthusiastic. Time is running out for you fence-sitters. And there's just no hope for our Doomsday dynamic duo...
Perhaps our SWKS crusaders should switch their maleficent efforts to QRVO. This "core value" (shouldn't that be CRVA?) is sinking hard again on a storm tossed sea. Since its inception at 70.4 on 2 Jan, it sank to 64.39 by 15 Jan, rose back to 75.76 on 29 Jan and sank again closing yesterday at 65.89. Ever the contrarian, I'm thinking that selling the Feb 65 puts is looking mighty interesting...
Meanwhile, SWKS is down -4.5% on no news. Perhaps we're picking up a few changelings. I can think of two who might want to make the switch...
Just to make it formal: "On February 9, 2015, the Company received a letter from NASDAQ with its determination that the Company has regained compliance with NASDAQ Listing Rule 5450(a)(1). The Company’s stock will therefore maintain its listing on the NASDAQ Global Select Market."
Or as Churchill put it so succinctly in 1942:
"Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning."
I believe you'll only see a pullback if management provides a cautious outlook and fails to project the unbridled enthusiasm they demonstrated at Needham Otherwise, it still has plenty of room to run, particularly if it gets the attention of an upgrade.
I'm looking for a surprise -.05, perhaps even -.04, but that's not nearly as important as the outlook.
A good report; on track. Will see what more can be gleaned from the conference call.
I did not get my buy off for another 10K at $1.17.
ddule, I'm embarrassed for you...your posts are really getting desperate. You're better than this...
I finally had the opportunity to listen to the conference call, which I can, unfortunately, only describe as "wooden" compared to the Needham presentation. The facts presented still show the company on track to achieve transformation, but the enthusiasm wasn't there. I don't see us moving up after such a lack-luster performance. Nevertheless, I'm holding on to my shares and may buy more if it gets low enough.
Old, but something to remember. On 9 March 2000, ANAD closed at 108.88. Both this fact and your post are equally germane to the current situation. Really, ddule, you're embarrassing yourself.