Replies to post #71178 on Zeev's Turnips Patch-No Politics (ZEEV)

[sylvester80]

re: RMBS. A local top maybe closer than you think. I hear Infineon is getting ready a response that Rambus will not like. Just a rumor though at this stage since I don't have confirmation. Hope it isn't true. So everyone, be careful out there.

[klono]

hi Zeev...On the way down, immediately after the Markman ruling, I recall rmbs falling straight to 15 & change. Then it rose to about 20-21. After rmbs attorneys discovered the information from an infineon exec hard drive that exposed infx as the bad guys rmbs popped up to 26. It came straight down after judge Payne's kangaroo court dealt the stacked deck. I think there is air up to 20-21 and more air up to 25-26, which would probably be a major top if it got there. However, if gnss and nvda got to 75, what the heck. What if the market rallies next week and the FTC backs off in the news?

k

[Softechie]

RMBS is in my crosshair...heheheh

[SI_Shack]

I agree on RMBS. The bear looks done there for while. Its time for the permabears to realize that some of these stocks which have been correcting for 3 years are now done for the time being. You need to pick your spots at this stage of the bear IMO. There are still lots of good targets.

Technically, why anyone would short RMBS right here is beyond me, its most certainly going higher.

Short a bio or something else that is breaking down, not up.