jimmymac

Anadigics: Short-Term Inventory Issues; Long-Term Existential Issues

Look at the stock price, you could of sold this stock for nearly $14 on June 5th. Stocks don't go from that level to $3.50 in less than 3 months for no reason. I'm a technician not an analyst but I think this is a classic example of why people should use stops when they buy stocks. Give it 8-10% to prove itself, then walk away, or even consider a short position. Sorry for all those who lost so much on this stock, I've been there.