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More on Raymond James' downgrade of Skyworks (SWKS -12.6%), TriQuint (TQNT -7.3%), and RF Micro...

More on Raymond James' downgrade of Skyworks (SWKS -12.6%), TriQuint (TQNT -7.3%), and RF Micro (RFMD -14.6%): Analyst Tavis McCourt calls Qualcomm's (QCOM -1.1%) RF front end announcement a "bombshell," given the mobile chip giant's track record. However, he grants Qualcomm's entry into new markets is often met with "modest success" at first. He thinks the solution, which Qualcomm claims offers superior integration and lower design times, is aimed at China. OEM products containing it are due in 2H. ANAD -8.1%. AVGO -2.5%.
Comments (1)
  • gingey
    , contributor
    Comment (1) | Send Message
     
    i have been trading the market for over 30 years now .
    the down grade on swks is pure manipulation for the benefit of a few.
    to make a long story short .first u buy an extra amount of puts than comes the down grade than heavy selling with lots of short selling than u sell the puts with a big profit and cover the short which adds to the profit and the q public that is holding the stock takes a bath. all this because the analyst thinks the stock might or might not be effected 2 or 3 years.i wonder if any body in the investing community is sharing my thought ?
    24 Feb 2013, 03:31 PM Reply Like
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