Actions Semiconductor Co. (ACTS)

[fcpgalltheway]

1.79

This stock is being battered for the wrong reasons.

The company is still holding a lot of cash in hand, but the perception must be that earnings and net income are down! We just must be patient and see what the numbers will show when the next quarter earnings are released.

If the PPS continues to be eroded this stock will look like a bargain because this company is holding so much cash assets that it can be used to acquire some other company and combine the two companies into a real competitor.