This is nothing more than temper tantrum by wall street to get that zero interest rate back again. Yellen has to be strong and don't give into these tantrums.
When you feel like you have to sell it's too late. The trick is to sell when you don't feel like it. And buy when you feel like everyone else has sold. TTW: 30 - 4 Still long ways to go. But hang on. It's a who blinks first game.
It's just a modern day money laundering. Why do you think they call it "wash sale"? The time it takes for a seller to buy back more shares with same money to avoid tax is called "Time to Wash" which is always within 30 days. So this may drag on for a little longer but the drop has been too fast and too much so it's a nervous time for those who sold and out of shares now. One major news and they'll all come back in droves.
The way I see it this stock is money making machine for insiders. It is only one major announcement away from new 52 week high. With no debt where is this stock going to go? Hardware is foundation of software so as long as there are people on this planet using computers and phones this company will profit.
When will they announce major deals with auto companies to provide wireless charging pads standard in vehicles? I'm sure it's going to happen soon or later. This stock is at bargain basement price now.
Based on TM4G calculations the number of shares available to short has dried up. This stock has always been hyper volatile and this is no different.
Strong buy too too too strong!!!
I didn't believe Cramer bashings that are rampant in these message boards but after this incident I truly believe this guy is a #$%$. There's a video couple days ago where he proclaims IDTI will supply wireless charging chips to Apple iPhones. This was right before earnings announcement. This guy should go to jail.
This is just lunacy. Way over sold. Way way oversold. Did I say way oversold? I mean way way way oversold.
This is not a dot com company with no earnings or positive cash flow. This is just lunacy. Way over sold. Way way oversold. Did I say way oversold? I mean way way way oversold.
I have respect for this company except for the share price manipulation that is shady.
The company is solid. Fundamentals are solid. But the traders are crooks. Wow...who are these guys?
This stock is the most volatile stock I've ever followed. Over reaction is an understatement. Over manipulation is more accurate. It is one bipolar manic-depressive stock at the depressive stage at the moment. Just hold on and wait for the manic phase.
My feeling is that they will knock it out of the park once again. Cramer seem to have leaked the news regarding IDTI and iPhone which I hope will be announced next week. They have no debt and their constant R & D with new products every few weeks will keep them ahead of the competition. Wireless charging is mainstream now.
Not like the ring for door bells but ring as in jewelry. Now that Apple Watch has flopped why not go for the other smaller real estate that goes around the ring? Notify the wearer with flashes of yellow, green, red, or blue lights to indicate whether you have facebook, instagram, twitter, or email waiting for you. Maybe someone will buy a diamond studded iRing or use it for engagement. Added feature would be tracking device to track whereabouts of your significant other 24/7. Now that would sell much more than Apple Watch.