Savvy Trades and Investments

[southacresdave]

MrT11...DAIO I will say I'm surprised it's dropped so much on nothing for the most part. Just lack of buyers and price breakdown momentum? They have $2 in cash and no debt so it's not like it's going to zero. I haven't bought back in yet, though. I will wait for Q3 earnings. If they are disappointing then it may put one last downswing on the price and set a floor. I think you would need to be willing to hold for awhile to get huge gains. I still like their positioning long term for microchips in cars (maybe less so for IoT without more details on the Sentrex system succeeding), but both may take years to play out.

Some insider buying would be nice to see. If they can cash out from $12-15, then can't they buy back in cheap?? I don't hold my breath though. More likely they will just load themselves up with free options some more.