Correction - look at 1 yr and 2 yr charts. SWKS has caught up slightly on 3 mo chart (slightly out performing RFMD and TQNT)
You guys have it all wrong. I am a SWKS bull.
I think SWKS stock price simply does not reflect its huge value and future potential. This belongs to 70+ club now. The fact that it gives up a lot of gains and under performs TQNT and RFMD (look at 3 mo, 1 yr and even 2 yr charts) frequently is puzzling. More can be done so that SWKS is rock solid and leader in the group.
They are holding $90 worth of cash and investments and stock trades at 60% discount.
This management is clueless about how to increase shareholder value
They have done NOTHING for shareholders in the last 7 years
Stock price same as in June 2007
Management have little experience and no expertise in Mobile and Video space yet they are embarking upon unproven experiments that might take years to bear fruit if at all.
Chinese Companies are inept when it comes to Capital Markets.
The management is totally clueless. I can count at least 10 companies in recent memory who dropped the ball like this.
It is really stupid for these companies to have Chinese Management and listing in US
So many Chinese companies trading at ridiculously low valuation for years and management just simply have no clue how to reward shareholders
Sina bought back 2.8 million shares last Q? that is too low to do any good.
What have they done for shareholders ever?
This stock is worth $80 just in cash and stake in Weibo.
What the ###k they are doing holding on to almost 2.5 billion dollars?
SWKS has under performed RFMD, TQNT for last 3 mo. 6 mo.1 yr,2 yr
How do explain that?
When market takes a beating this always gets bigger brunt.
Management needs to be more aggressive like FOSL, they are borrowing 1 billion to do buyback.
I thought 300 million was kind lame when it was announced.
I am caught in another post earnings ell off in YY. Again great earnings and great guidance but hedge fund's FUD attack playing competitive pressure
Shorts are getting very comfortable. My concern is that if does not break 62, it might breakdown to downside
Market is already at frothy levels (look at AMZN, BABA, TSLA...), if the market goes in correction mode, this will be a major casualty.
They need to put an end to this manipulation fast