Liberal? You are captive to these small ideas. Grow up and take responsibility for your own actions. You're a fool if you buy a stock "because of" someone else. Do your own DD and take responsibility for it.
Apparently you have not learned to "scale into" a long-term position. Never buy all of it at once. I made my first buy at 44, about 1/10 of the position I want, and have continued to add to it as the price has fallen.
If you bought a full position because you thought prices were about to go up, that's YOUR bad call. Don't blame it on Cramer or anyone else. All they did was bring it to your attention.
Sure. The MM's, and some hedge funds, highly prefer to stay short this thing. MM's tend to do that anyway, but it is extreme when it comes to this one.
The rallies aren't convincing, and neither are the pullbacks. One gets the feeling of a major player (or a consortium) that is #$%$ around with this thing at will. I would bet Barclays is involved, they are the perma-bears.
At the least, they would like to hold this to 55 at week's end to neutralize the 55 calls.
And so we see, in a modestly up market, with its peers trading positively, QRVO trades flat to down following this silly action. Onice QRVO starts buying, I think this puts a floor in the stock price but no significant price appreciation.
My thoughts: the street views buybacks with skepticism right now. Some major holders will, due to market conditions, see this as an opportunity to scale back their position and sell into it, resulting in no appreciable stock price gain. I think the street would much rather see strategic operational investments than buybacks right now.
Mizoho lowered their PT to 65. Barclays, the perma-bears, lowered theirs to 46.
So the question is: will the street look kindly upon borrowing $1B at 7% just to buy back stock? At $55/sh, $1B buys roughly 18 million shares. That 12% of outstanding shares. Is that really a good use of funds? Is that the best and highest use they can put that kind of money to?
If that means you're going to stop posting your nonsense here, then yes, I dig.
I have no insider links. But I invest in what I know so I can see writing on the wall. Quinsey was talking about future 4G/LTE band proliferation and the expanding need for filtering on every CC. And doing so in the same big, general way that Brugs talks in market generalities. I normally dislike that kind of talk, but when I looked into it, I saw that what the Q was telegraphing to us was right. And early. Both very good things for a company and an investor to be. :) The day after TQNT and AVGO settled their patent dispute, I doubled my position. I was 90% invested in one company, something you should never do. But I knew that was the signal that both co's knew the BAW market was going to be mostly theirs, big enough for both of them, and it was going to be huge soon. Otherwise they wouldn't have settled ALL CLAIMS. I'm a patent holder, and that's a big deal; "claim" means something very specific in patent lingo. A claim granted in a patent IS the defendable content.
Anyway, I'm tired and rambling. That one move secured my retirement.