Solid Investors / Upward Momentum / Bargain Buy till $30's...
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Greg Schlueter
Feb 3, 2012, 1:04:37 PM2/3/12
to Spreadtrum Communications
Just a note as this is popping, it's still bargain-basement per P/E
and outlook. Kudos to all strong-longs. Will still be adjustment as
it's hot - and hot attracts nanos and possibly even some shorts.
Overall, fundamentals/value-oriented movement is guiding this to upper
$20's-lower $30's where price will approximate value. Expect periodic
cooling and continued hand-adjusting... but sheer value and
potentiality coupled with Q4 announcement is going to keep driving
this up.
and outlook. Kudos to all strong-longs. Will still be adjustment as
it's hot - and hot attracts nanos and possibly even some shorts.
Overall, fundamentals/value-oriented movement is guiding this to upper
$20's-lower $30's where price will approximate value. Expect periodic
cooling and continued hand-adjusting... but sheer value and
potentiality coupled with Q4 announcement is going to keep driving
this up.
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