SQNS has been seeing solid accumulation this week. Again like I said yesterday I think this new verizon product is huge. Take that on top of the best buy tablet we have really started to see our chips hit main stream products. I mean Verizon has what 38 million users if they even sell low ball 250-300K of those units next year at lets say $20 per module they are looking at 5 million off that one product. Lets say Best buy sells another 200K of the insigina tablet. That is another 4 million at $20 per module. Not a bad at all for two new products. We have a ton of design wins in the wings as well. I think SQNS is finally starting to get some eyes on it due to their US product launches. Then we have Reliance that is really gearing up for a huge 4G launch as well. I think this year can be a solid year for SQNS. We will get guidance on Monday when they release earnings. Then we have the CES as well in Jan so we might get another product launch.
Not to mention SQNS has the biggest BS close. I see 1.19 but looking at the trades I do not even see a order for 1.19 into the close. No doubt the powers at be are trying to make this look worse then it is. We had solid buying again today. Hell we had 20K share bought into the close today but yes it makes sense to see a 1.19 close. This is all a big joke LOL!!!
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