+ Watch RBCN
on My Watchlist
Short. Revs down. Lots of insider selling.
Company trades significantly below book value. The business manufactures/grows sapphire crystal for use in LED applications and RF integrated circuits. LED use will grow significantly in years to come as production costs continue to decline. Another BIG opportunity is the eventual migration to sapphire from gorilla glass for smart phone and tablet screens. Sapphire is second to only diamonds for strength.
Lots of cash, limited downside, just needs a recovery to sell more wafers and this one will take off. Could be a good take out candidate for a larger player.
Explosive growth, no debt, 39% short interest. This is a big time takeover target.
8.8 million shares shorted. This stock has decent financials and could easily post a profit in the next couple quarters. This would cause a quick run up as it would take about 11 days (based on average volume) to sell off shorts.
This stock will run up to about 40 and then slow or pull back to mid to low 30s.
"We are seeing some additional requests for additional materials" from major Japanese LED chip manufacturers, Chief Executive Raja Parvez said in an interview on Wednesday.
High Short Interest with Low Sales
Their earnings blew past expectations, and their CEO seemed to be pretty optimistic. With so many shorts on this stock I'm expecting some type of pop for this quarter, and an really big pop next quarter if they are able to maintain these #'s. Long term may be another story, but for now...
Oversold! Price target by some have it going to $29.00. I think it's close to a bottom.
Great revenue growth 100% YoYGreat profit potential 100% YoY
Short interest: 58% of float
They just signed a $71M deal in August that brings them to 12/2011. Their numbers have improved over the past four quarters. They're vertically integrated. LED bulbs are probably set to take off along with flourescent. Seems to be a good mix to me.
Good growth and earnings.
light bulbs cree rbcn
Earnings going positive at the end of the month.??????
Price multiples are too high compared to expected growth.
Semiconductors will continue to perform above average in the right markets
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