Revenue has been spotty and needs to prove that this is a long term price action upward for support. We should see some new movement into the $5 range as chip companies have been making crazy gains however I see investors are very hesistant to enter here without seeing this company show long term profitability.
An IPO price above $12 seemed a bit much for this stock at that time and still does to me. I am looking for a price target of $5
An IPO price above $12 seemed a bit much for this stock at that time and still does to me. I am looking for a price target of $5
Comment:
Pop came a little later than expected but gains none the less.