blindfreddy
Long

Tessera Wins Again

NASDAQ:TSRA   TESSERA HLDG CORP
I may be a little blind but I never knew about this company until fairly recently. Did you know that its technologies are in all smartphones and more than 100 billion semiconductor chips ? Pretty incredible. They're a technology licensing company rather than a manufacturer and have therefore wasted a lot of time and money in litigation over the years. They had a change in management in 2013             and have since negotiated deals with Samsung, Qualcomm             , Micron and others. The pop on Friday came from another litigation win.
CEO             had this to say in December : "I remain very optimistic about our growth prospects for our business going forward".
I am long the stock from $35 and think it offers growth at a reasonable price. The chart is showing good momentum via my favourite indicator Twigg's Momentum. I use the weekly Supertrend as a trailing stop.
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