Your welcome micham. With a customer list that includes RFMD, Skyworks, NXPI AND Avago, it was really clear that business was (and still is) booming for TSEM.
Now, if they can just clean up their balance sheet and get rid of all the warrants and converts that are part of their current outstanding notes, then the stock is really off to the races.
If you listened to the last CC, management hinted that they were going to do exactly that. May not happen as quickly as I'd like but I think they will take care of it in pieces over the next two years as their cash flow improves.
The stock has been on fire, and given the speed of its ascent, I think it will take a breather here (in the low 13s) for a bit before it hopefully charges a bit higher. Still haven't sold any, although I was sorely tempted to trade out of a few when it spiked up over 13.25 today.
You did really well to get it that low! Good luck....
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