• Ashraf Eassa
    $QCOM drop completely irrational...full year guidance raised again.
    4/24/13
    Reply (13)
    • Noodlez: Yeah what's up with the drop? Reuters reported positively.
      4/24/13
    • elnino5471: completely confused.... revenue y/y increase in high teens, q/q decrease only ~5%. in-line for both rev and eps...what's the reason?
      4/24/13
    • Trader's Profit Compass: the market is irrational; hope you are not surprised at this point in the game. i feel your pain; i been there, just not on this one
      4/24/13
    • Ashraf Eassa: I bought at $62.75. I believe that if you have wanted to own QCOM, this may be a good time to begin scaling in.
      4/24/13
    • jaych79: Ashraf, are you a trader of $QCOM or long-term investor?
      4/24/13
    • Ashraf Eassa: I typically trade it, but I may start latching on to a long term core position.
      4/24/13
    • wheelz23: this drop makes sense, people who made there money are moving it elsewhere...guidance isn't overwhelming enough to hold it there...that said
      4/24/13
    • wheelz23: it should recover somewhat, but don't expect a huge gain...also, usually when a stock drops after earnings, wait until the 2nd or 3rd day
      4/24/13
    • wheelz23: to buy...that seems to be the post earnings trend for this sorta situation
      4/24/13
    • spamoi: That's brutal for a "light guidance"....Geezzz Long $QCOM
      4/24/13
    • Dthampi2009: Same here.. completely confused.....waiting for the guidance call... Qcom might jump back....
      4/24/13
    • Dthampi2009: perhaps market is expecting competition for Qcom and EPS drop in the coming quarters ...need to understand guidance
      4/24/13
    • cheznazi: I think you are right Ashraff! I shall add to my position and things will look better in a couple of weeks.
      4/25/13