I've never seen a company give a worse streak of cc's than this one. From 70+ in dec down to the teens, nasty!
What a POS sonofanbitch turd. Actually down 20% in the AH. Good thing I had 2010 Jan calls, which will be bad enough. 20%. On a 2 cent earnings miss. Where does this go now? It has one of the cleanest balance sheets one could possibly have. Is Broadcom going to dent SIGM going forward? Short sellers absolutely feasted on this miss. I mean, wtf. Where is the bottom? 17? 15?
I agree, need some new blood in management. Someone who is going to release some news other than earnings releases. Shorts are killing the stock!
There is not much more blood to squeeze out on the downside for the shorts, the balance sheet is not weak, and they do not have any debt to pay down.
lol this thread is comedy of errors I guess a PE of 8 isn't low enough. This POS turd stock is down a whopping 16%. Low PE DOES NOT equal a good good buying opportunity. The one year chart of sigm shows that it is a pure pump and dump. I can't beleive anyone was dumb enough to go long this.