Buying double fisted here on weakness!
At least you left with a profit. I think the whole sector is under a major bear attack right now. It will turn around soon. Patience is always difficult. It is so difficult to predict a stock movement now. Good luck to you!
winter storms have probably also affected the markets. hard to believe we are still being plagued with snow and ice in some parts of the country. this too will pass.
lol i'm beginning to wonder myself. The volumes last few sessions has been extremely high and big blocks are moving. I'm hoping the bast$^Yrds are buying the lows but hard to tell. I'd like to see a close above 61.60 at least as it will bide well for a higher open tomorrow. This suxxxxx!
The U.S. is too busy giving immigrants such as those dudes that just bombed the Boston Marathon a free lunch if they come to our country and get a free education and bomb us!
C'mon bells and whistles - we want more! More is better!
NEW YORK (TheStreet) -- Qualcomm (Nasdaq:QCOM) has been reiterated by TheStreet Ratings as a buy with a ratings score of A. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
But QCOM didn't deserve the type of selloff we observed. Huge gap down will be filled tho!
Unfavorable insider activity imo!
I might be wrong but I think they want to pin it at 62.50 area for tomorrow and next week back upwards. Again, I could be wrong as this market is totally illogical now.
Volume escalated to massive oversold conditions, all we need is to push back above the 200 dma and the buyers will return in full form! Could be this afternoon! Hoping in one hand and definitely something else in the other right now!