I am optimistic (or trying to be) as you are, and I agree (or hope) that prices below $12 are a buying opportunity with this stock. That being said, it just can't seem to muster any strength to hit $12, much less inch above it...and now we're closer to $11 than $12. I just think we are long overdue for some sort of spike upwards. Not sure why the continual inching downward.
I totally agree. Dare I say that CY at under $12 is the best bang for the buck out there in the Semi-conductor sector. Yes, granted, it's moving at a snails pace, but hang in there, because when it breaks out it's going to breakout BIG. Wouldn't be surprised if someone tries to acquire CY and the stock soars to $20 quickly.
This company is solid and I am pretty confident the earnings report will state that quite clearly. That being said, SKYWORKS is also solid and it's earnings report was glowing but it hasn't helped push the stock price up all that much since. I think the whole semi segment is sort of lost it's air -- but probably only temporarily become "The Internet of Things" isn't going anywhere.
Sentiment: Strong Buy
Good luck to All. I know I am not alone in being more than just a little nervous about earnings. If CYPRESS misses in a big way, could be scary -- then again I have this feeling the earnings might be surprisingly strong in spite of the stock price being sluggish to say the least
Now I get your name, Curry...you really DO stink! "Angry" and "Bitter" are your staples. You must be a lot of fun at a dinner party -- NOT!
Absolutely NOT done...the low $90's was a great buying opportunity. NXPI and SKYWORKS are solid in this sector. I only wish CYPRESS would also come alive. I'm going to stay optimistic on that happening eventually too.I'm surprised the Chinese aren't attempting a buyout of that. CYPRESS seems a lot more attractive to me than MICRON