Thanks for the info. I didn't realize that triple witching had that kind of effect ah. I fully understand the folly of ah but nonetheless there are time when valid hints are passed thru. Been there done that.
over 50 trades totaling well over 300,000 shares. This is not regular ah trading for this stock. Does anybody have ideas what's going on. I think lookingforgrowth is going to be very disappointed after this is done.
Ok as long as you admit that no analysis is any good shows that you are basically a dart thrower. You are down in the dumps now because the stock has not shot up to 30 with the barclay upgrade. You will be jerkin off again when the stock busts thru 23. You should be in mutual funds. You'll feel better until the bear market hits then you can throw in the towel.
Ta in my opinion is best used for entry exit points. Ta succeeds and fails just as fundamental analysis does. I try to use both with emphasis on ta. No doubt ta people have been fooled in this stock just as fa people have. I agree that manipulation in this stock makes both analyses difficult.
I EMPHATICALLY posted a few times not long ago that this stock had bottomed when others on this bd were EXTREMELY negative. I am better getting the bottom than the top. I didn't have it exactly right but close enough for gov accounting. I bot well below where the stock is today primarily based on ta. BTW I enjoy reading grade's interpretations of both fa but also pay attyention to his ta calls.
Personally I haven't done badly on this stock. I called for a bottom around 19 1/2 not long ago and bot there. The stock then crashed to 16 or whatever and I sold when it rebounded to 20. Bot back at 18 1/2 where I stand pat today.
Well thought out post but nowhere near as bullish as your posts after last earnings. Everything else remains the same.
One can hope that the 100 share trade at 23.11 is for real but is probably unlikely. The trades were mixed last night but there were a few in high 22's and of course the market is jumping so maybe short fry time again.
The technicals could turn up at any time in here but I would not call them oversold. Looks like silvestra and his crew were able to take this off 8 with relative ease whether or not he was the author of recent sa article.
Oppenheimer upgraded from underperform to perform. complete positive reversal. I posted link but I think yahoo in their infinite wisdom deleted it. goggle opp upgrades crus.
This is not just an ordinary analyst upgrade. Barclay persecuted crus several months ago in vendetta type fashion. Repeatedly. For them to go from under to overweight is as big as it gets from talking head world. Now the rest of them can follow the leader. BTW, say hello to mr ignore.
or should I say jokers that suddenly appear know nothing about this stock. They are shorters who see a 20%+ gain in one day and and figure down is the next move. Maybe these bottom feeders get it wrong this time. In any event they have taken out a membership on my ignore list.
Blackrock has accumulated a stake of 10.1% by adding a few hundred thousand shares this past month to their already large holding.
Strong iPhone sales are good news for component suppliers with big exposure to Apple, he said. Those suppliers include Cirrus Logic (NASDAQ:CRUS), which gets 80% of its revenue from Apple; Skyworks Solutions (NASDAQ:SWKS), 36%; Qualcomm (NASDAQ:QCOM), 20%; and Broadcom (NASDAQ:BRCM), 13%, Blair said.
Read More At Investor's Business Daily: http://news.investors.com/technology-click/120914-729748-apple-ramps-up-iphone-6-plus-production.htm#ixzz3LyAXH0Im
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Make sure to read disclosure at bottom of report. They say they may have a conflict o interest in objectivity as they seek to do business with companies. I imagine it is paid for report although just a guess.
Level 2 can screw with your mind particularly if you have no idea about the inner workings. Many stocks are caving in with the crazy market this week. Himx is hanging tough. if you are a shareholder be happy about that.
I don't think that you have to be very opinionated to consider Blackrock interest in crus a good sign. A blackrock increase in crus holdings especially at this shaky time is an excellent sign.