.... that's a great question. Remember, this isn't a large float stock , and, it's only traded by a VERY FEW institutions!!! SO that means that today was either a kindful gesture by the major players to hold the price in check, or, they're gathering short accumulations so they can reverse the price, AGAIN! Make no bones about it, todays' price stagnation was purposeful as 1/3 of yesterdays volume was traded.
The problem is, which way did they go (In a Bugs Bunny Cartoon tone). As retailers don't know the play until it's being played out, you can either guess, or be reactive when the identity of today plays out.
If you're like me, you closed out 1/2 of your position at yesterdays and todays' top and either wait for the pullback to the 1/2-gap-up retracement, or, sit tight and wait. Perhaps "real" investor sentiment has fallen upon RICK and the stock price just might be ready to behave like a growth stock.
No one should be surprised at todays' 135K day and essentially a flat price. It's simply a set-up-day(s) for the week that follows.
I'm thinking that there's an outside chance that Eric will get ahold of this post either directly or otherwise.
Early into the CC it didn't take long to realize that the bulk of the questions were negative in their intentions. I don't know if there was a large short accumulation being gathered into the Q report but it was VERY obvious that the questioners were looking for gaps and slip-ups by Eric. I guess if the CEO slips up then that'll lead to a stock-tank the next day. I, for one, did not interpret the tone of the questions to be that of fact finding. I saw it more as set-ups for Eric to fail.
That being said, and, the negativism most likely could have been anticipated, I'm at a loss to understand why Eric had to be chief cook and bottle washer for this presentation. The CEO is responsible for a lot of things but NOT everything. The first 3 questions were met with an "I don't know" answer. Another he had to "look up" but was saved by Alan after Eric scrambled for a bit. And each question was answered by Eric and only Eric, with that 1 exception. The questions were:
Legal (Current and forward litigation)
And a few others.
I'm not saying that Eric shouldn't be informed of all, but, the presentation came off as sophomoric (2nd rate, poorly prepared, novice, pseudo professional). Here's my thoughts for a more complete and professional presentation the next CC.
Have a few of the top brass at the table to present a unified and KNOWLEDGEABLE front. Have questions addressing the legal aspect be answered by one of the legal team. Have the finances be answered by the CFO. Have Eric there as the figurehead and to present useful information, but, NOT EVERYTHING!!! This is a multi-million dollar business with huge growth plans. The company did not come off as mature and prepared for growth when all we see is a one-man-band. There were just too many fumblings and hiccups, not a smooth and informed presentation.
46, I have to respond to your post instead of the ignorant reply by DumBunny as he's on ignore.
Sp Dumbunny, as ALWAYS, you have a hard time with your replies as you can't seem to reply to the POINT of the initial post but rather reply to a sub-topic offered by 46. How you got through life is beyond be as most NORMAL persons can speak to a point, address a point, stay focused on a point and comment on the point. As always you seem to find more value added in conjuring up your own topic within the context of someone else's post. Here's a suggestion. Want to introduce a sub-topic? Start a new thread!
Back to the initial topic.
46. At least I'm not alone in my observations. Some regulatory body needs to put a halt to the regular, prime time showing, of the same sex, mixed ethnicity trends that Hollywood is fixated on presenting to the youth of American as being the new normal.
I'm confused as to that it means to being an American any more. It used to mean that there was a common sense of country. That the populace had a purpose in common and a national pride in standing for something. Today, not so much.
I have no idea what the Hollywood Motive is for the dilution of the American family. Talk about a bully pulpit. They control the airways and in my opinion, are polluting the nation with some ill-conceived agenda.
Over the last 4 years the white, mid aged male, has taken a beating on 60% of TV commercials. They take on the position of the buffoon, the nerd, the gay, the stupid. This has been a progressive campaign to lessen the importance of the white male as the emphasis is to "diversify" the customer base into anything that's NOT a white male.
Well our advertisers have taken on a new angle. The couples they show now are becoming substantially "mixed". But the really sad news is that the white male is shown less and less. It's now black husband-white wife, or, gay couples. It's getting harder and harder to find a "normal" couple.
This is not a racism post but one that's to inform. It's a heads up as to what advertisers are doing and how they're trying to influence society by making the "normal family" a HUGE divergent from what previous generations are accustomed to.
If this is news to you then you need to take your head out of the sand. We already have a disproportionate number of TV shows on the airwaves that are now obligated to have a gay or Les couple as part of the casting. That's to suggest that EVERY American family has a gay or Les member to it. I don't know about you, but, I know of no gay or Les families. How can the US viewing audience be clamoring for that relationship mix when such a small % of partners are living that life style?
I for one, am boycotting any company who's advertising campaign portrays white males as clowns. Where babies, toddlers, and kids show the white guy what to do, how to do it, and why the WM is so ignorant for what a baby already knows. I'm boycotting any company who allows advertising which shows 4 different ethnicities in a commercial, and, the white guy is a buffoon in each of them.
Enough already. There's got to be a better way to integrate the value of other ethnicities without making the middle aged white guy look like a bozo.
Here's a thought that Yahoo might consider. (of course they won't!!!!)
Yahoo takes in money from Seeking Alpha and Motley for the opportunity to place "news" (cough, sputter) under each equity. Perhaps we should look a little deeper into this relationship?
Who, if anyone, looks into the individual finances of the Fly, or Seeking or Motley staff in to period just before or after one of their "news" releases. What's to prevent the Authors from posting blatantly self-serving garbage to benefit any position they might soon desire?
The SEC (and all their faults - there are many!) requires certain reporting for actions taken or statements made. Who checks on these phantoms-of-the-daylight check for accuracy and content. But mostly their rag is an opinion. That which can be bought into or devalued by the reader. I'm hoping that each reader of ANYTHING on the Yahoo Boards do so with only a skeptical eye. To put ANY value into these collective sheisters is to believe in the tooth fairy, Santa, or, fairness in the legal system.
I'd love to see the stock / option actions of the editors and publishers of these resources on the days surrounding their "contributions" to the Finance Board.
Yul Brenner in the King and I, or, RFMD hit the low 5.3's and it's time to head back to 4.8X.
It's NOT rocket science. NOR is it the broader market and RFMD just happens to be an equity. No, the pukes had themselves well positioned for this inevitable plummet and are reaping profits (again) on the ride downward. They are seemingly "stealth" this time as they can blame the broader market downfall for the drop. That's what pukes do!
So hang in there as 4.8X will soon approach. The you can make the jump in as the risk: reward will favor an entry at those levels.
NOTE: In case you haven't noticed, RFMD heads down fast and furious. VERY infrequently is the a gradual drop in price when the broader market is negative. that way they can hammer the price in a few days, all the while the retailer thinks this will be a momentary impass that will soon retrace. I'll tell you from experience. By the time you realize that it was time to get out, only 3-4 trading days have gone by and RFMD will have dropped by 50 to 60 cents (A large percentage drop!)
The charts don't lie and it doesn't take a PhD in the market to observe a channel (again, still, once more)
I'm not here to support or bag on RICK, the equity. That's a job relegated to a few of the nut-jobs on this board who post gibberish each day. I am here to remind the readers that Yahoo Finance gets income from allowing rag (hearsay, innuendo, gossip, and manipulated reporting) to be put-to-print are factual and solely intended to inform. No, there's a wealth of anecdotal evidence on the Yahoo Finance Boards where a release of negative news is met with a huge jump in price the very next day(s). Likewise, there's a wealth of "news" releases that are hugely positive on an equity in which the stock price gets pummeled the next day(s). My assessment is that 75% of the "news" allowed on Yahoo are manipulative in nature with the intention to "head-fake" the reader. BTW. If you think I'm seeing things, just look at the HUGE negative article by S.A. yesterday, and, look at the action of today!!!!!
After all it IS pre-reporting time and the gamers of RICK come out to play at this juncture. Look for progressively increasing volume and an associated increase in price. My hope is that the antics of pre-reporting will have a reason to HOLD the price upward after reporting. Only then can RICK morph from a toy to a growth stock that has "real" investing moving forward.
I've been out of RFMD for many months now but still watch the antics of the pukes as they deal with RFMD the same way today (and yesterday) as they have for about 6 years.
It's no longer uncanny, but rather it's now a forgone conclusion, that any news releases about RFMD products, when RFMD is in the 5.3X area, will be met with a contrarian movement the very next day. And so it happened again, yesterday. A suggestion that RFMD has a significant win into a (Samsung?) new product had the price escalate through the day, and close at the high. (S.O.P. #1) The head jerk that happened this AM at the opening was as transparent a saran wrap (S.O.P #2). This was of course followed by a day-long drubbing of the share price (S.O.P. #3). And there you have it. The umpteenth time that a positive news release was met with a DONWER the very next day.
The only thing that's missing (S.O.P. #1.1) is the Form 4 filings by Wizard Rudy that she sold X number of shares at the top of yesterdays action, or, snaked a few thousand at the peak in the opening half-hour of today.
At this juncture I see this a comedy as I'm watching from the bleachers. (The sidelines are dangerous as one might be swayed to re-enter this game-played-equity.)
Carry on (And hold on. But better yet, move on.)
The CC didn't offer anything earth shattering. The numbers will speak for themselves. I'm glad that Eric knows that institutional investment are the ONLY thing that'll move the stock upward. He did comment on the "quality" (my word) of historic institutionals, all of which are in RICK for the short term.
So I guess Eric, you need to make the company more attractive to the institutions. With 90% of investment bankers being male, and, with you owning a boatload of T & A shops, certainly there must be a working formula there somewhere!! (LOL. Only kidding)
On the serious side, RICK needs to make a dividend available to the share holder. Even a 1 timer would be BEST as RICK wouldn't have to commit to the constant payout of recurring divdends. In addition. if the dividend payout works like a normal dividend distribution, the holder in the SHORT position would be responsible for paying OUT the dividend. (A way to disuade the playing of RICK)
So. Not a bad CC. The numbers are yet to be seen. Good numbers will get RICK into the 12's again. I can#$%$ a trip to the 9's as I firmly believe that a base is being formed in the range of the last 2 weeks. Time will tell. But my mosty important observation to share , is, the reason any intelligent investor would be in an equity. That is, risk vs reward. I'm of the mind-set that the R/R ration favors a price escolation as the new ventures are creating a lot of interest and FCF. I'm not saying this will react like CMG but I do see it catching on.
Good luck and carry on.
Gotta love these market pukes. They can manufacture a .25 to .40 swing on demand each day. And close the price near the opening so that no one knows the wiser. They make bank and retail stays clueless. (Except for me that is) But what can anyone do? Trying to guess the direction is suicidal!!!! And tp stay long over a 5 day period is to appreciate a net change of ZERO.
Gotta love these pukes!!! Wonder if they have managements blessings?
How silly can some responders be?? If I was to post a gloom and doom findings they'd support the heck on my writings. But since they price still needs to go down (in its / their positions) they have to appose my observations. Should it be any other way?? Of course not!
Lawsuits are substantially covered by insurance carriers. That's why companies pay their premiums. But nice try.
The slow grind downward was not unexpected. The meortic rise was the front part of the game. The slow drop is the other side. It'll keep happening as long as retailers sell into the drop. (The game can't be played out without the narrow-minded panic of the small investor).
So here's how it works. Some clown (1 0r 2 of them t the most) placed an order in that's good for the day. The price is open-ended as they leave that to the market maker. This way they don't have to anticipate the price, and, they don't have to pay a "per-trade" commission for each of the 100-to-300 share blocks that go off each day. (***do you really think that someone is paying $8-10 for each 100 share trade???***)
It's all a game. So be patient, don't bet the farm. The gamer will change direction in the near future as the numbers will support a higher price from here.
The question is, How deep is management into the play.
Equities DON'T act like ATML does in an efficient market. I a gamed market this type of action happen all the time.
BTW. These last 2 days are NOT a new event to ATML as it hasn't traded on ANY fundie in the last 4 years!
7.35 IS the gamers personal pivot point. Don't believe me? Pull up a 2 year chart and see just how "coincidential" 7.35 really is.
The good news (time unknown) the reverse of the reverse will occur and the blind will jump in again to create another Mo-play. "So it is written, so it will be done".
It's all about the volume. As it stands about 3 weeks ago, RFMD had 50 MILLION shares to cover short between the price of 5.60 and 5.25.
The volume hasn't fully covered yet but holders of RFMD should see a flatline in this POS equity around the 5.08 level.
In case you haven't seen it, RICK has been recently played to a huge upside momentum "PLAY".
A smart investor watches the volume spikes near the top as it's a tell tail sign of a reversal of position by the major "holder" (cough-spit-wheeze). As that positions was reversed the gamer get to appreciste the gain on the down side as the ignorant panic and sell into the natrual play to the down. It has to be slow and methodical as 1: this is a low float equity, and 2: a rapid down would show their hand. (Not that 6 straight weeks hasn't confirmed it!!!)
You on;y needed to see the "blow-off" volume at the top to see the immediate future. Let this be a warning to you for this equity or any other one as yo move forward in your investment education.
Here we go again.
Prior to the meortic rise in RICK there was one player that day traded RICK within a range. (Maybe 2 at the most as one gamer had to have another gamer to complete the trades) Well the shenanigans are on again. It's back to a day-trade play that ultimately goes nowhere in the short term.
The good news (Hopefully) is that the current price is now at 1/2 the gap up, and will settle her as the new base.
I don't want to feed the play (and it's possible that this post could do that) but if the price breaks 10.30 on ANY volume, then say good bye to the 12's for a good, long, time as the "spike-game" will have been completely played out.
**Notice that any reference to fundies have been knowingly omitted from this post as they mean nothing in this market, this stock.**
For those that believe in technicals (I personally don't) look at a 1 year chart. Place the 20, 50 and 200 day against it. It doesn't take a chartist to see what happened the last time the 20 met the 200. (A freak occurance BTW given the short time-frame).
Just thought you'd like to know.
I've been watchng this POS stock since I've stopped posting a while back. Since that time RFMD has miraculously seen the low 6's andthen retreated (Surprise-surprise) back o terra firma 5.25.
As a fiddle is played only within a known range, so does RFMD as the $$ that can move he direction (and the blessings from management) are as predictable as the day is long.
It waqn't surprising to see 4.86 again as tha's always been the channel bottom and a "safe-place" for thepukes to retreat. And It's equally as uncanny that 5.25 is another resting place to reload upon.
So what's changed in the many months since I've visited this board? Nothing!!!!
Monrio still adds valuable insite to the goings on.
Spec is still a dpsht. The other losers who believe they can sway opinion through constant negtive drubbing are still beating their head against the wall. (Thick skulled nutjobs they are!) The pukes still dictate the direction of this gamed equity. And most imprtant, Ms Ruby, the snake of all snakes, still possesses her expert timig in being able to time the regional high of the market and to sell those free options on behalf of management. Some would say she has super-powers. I just see her as a super-snake with inside information and the appropriate connections t pull this off. Amazing way a financial and legal background can do for some friends.
As always, Carry on!! (And they d and she will)
Notice that a VERY recent upgrade was placed on ATML. The very next day, despite the management owner purging a boal-load of shares, that very smae loser sold another 1+ Million worth of the companys shares. Note that the sale happened the day after the upgrade, on, a day where ATML had a HUGE up-day!!
Once again it's uncanny timing of the market. NOT!!!!
I'm only a believer of conspiracy theory if the theory is factual. And this one IS!!!!
And WHY can't this be seen by the SEC???? (Rhetorical, no answer required)
ATML, the stock, exists only for the goof of market shenanigans. It's a trading toy for those who can move the directions at will. That's not a new finding but rather a well know ploy of the price. Now enter a Not-so-Stealth play by management in conjunction with an anal, and there ya go. A stagnant price for retailers and a bonanza for management and the anal firm.
All upgrades MUST be viewed with the highest level of scruiny. (Especially seeing the performance of this equity over the YEARS!!)