CRUS - Cirrus Logic Inc - Page 3

boy oh boy all that red today. might pick some more up on monday to help average down a little bit. this stock doesnt get that much attention on this board

man its getting killed in pre-market

what a come back today!!!!! I almost sold at 16.50 for a lose today but instead closed my eyes and actually made money. not much but very happy.

I think this is a good play if market doesnt fold

Think we will see more of a pull back. Would like to get back in if the price isright. Don't want to give back the money I made

Still going strong.

Interesting, this thing was up 10% and is now DOWN 15% in premarket....talk about stock manipulation.

Your telling me

This *%$#@ stock is like a yoyo for the past month with a lot of stop triggering but I still think its going to pop. Institutional buying on this baby is way up....

CRUS & Barron's Rumor (Ruiner) Of The Day

http://blogs.barrons.com/techtraderd...d=yahoobarrons

Put up or shut up

Anyway, here are the stats for CRUS and it's performance to date-

Perf Week 19.32%, Perf Month 21.69%, Perf Quarter 20.30%, Perf YTD 178.89%, Perf Year 232.52%

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic Inc. (Nasdaq: CRUS - News) will hold its quarterly conference call to discuss second quarter, fiscal year 2011 financial results on Thursday, October 21, 2010, at 10:30 a.m. EDT. Cirrus Logic will release the company's financial results at approximately 8:00 a.m. EDT on the same day.

To listen to the live conference call, dial (480) 629-9645, or toll-free at (877) 941-0844 (Conference ID: 4370151) by 10:20 a.m. on October 21, 2010. A replay of the conference call will be available beginning one hour following the completion of the call until October 28, 2010. To access the recording, dial (303) 590-3030, or toll-free at (800) 406-7325 (Conference ID: 4370151). Additionally, the conference call will be webcast live through the Investor Relations page of the company’s website at investor.cirrus.com. Shareholders who would like to submit a question to be addressed during the call are requested to contact investor.relations@cirrus.com.

Analyst: Report that Cirrus lost iPhone slot bogus

More lies out of Taiwan......

I guess this is what happens when you force their hand Get ready for more of this crap as long as the US preasures China.

Anyway, here's the read!

http://www.eetimes.com/electronics-n...ne-slot-bogus-

Analyst: Report that Cirrus lost iPhone slot bogus
Dylan McGrath
9/30/2010 3:32 PM EDT
SAN FRANCISCO—A report that Cirrus Logic Inc. has lost the coveted audio codec socket in the forthcoming iPhone 5 from Apple Inc. is factually inaccurate and not credible, according to a Wall Street analyst.

The report, which originated in Tawian Economic Daily News, caused Cirrus Logic stock to dive by as much as 15 percent. The report indicated that the iPhone 5 audio codec slot went to Wolfson Microelectronics Inc.

According to Vernon Essi, a vice president of equity research at Needham & Co. LLC, the article, published in Mandarin Chinese, focuses on the favorable impact Qualcomm Inc. would have to Taiwan Semiconductor Manufacturing Co. Ltd. if Qualcomm were designed into the iPhone 5. The article quotes a source saying that other chips in the iPhone 5 will come from the same vendors as the previous generation iPhone. This would include Cirrus Logic, which has a virtual lock on the audio codec slot, according to market research firm iSuppli Corp.

According to Essi, the article references older iPhone vendor material, possibly from the iPhone3G, to list suppliers, including Samsung Electronics Co. Ltd. as the CPU supplier. Starting with the iPhone 4, Apple began using its own internally developed A4 as the processor.

Though he stressed he does not know what components will be in iPhone 5, he said the Tawian Economic Daily News article was not credible and gave him no reason to alter his bullish stance on Cirrus Logic. Needham and Co. maintains a "buy" rating on Cirrus Logic stock.

Cirrus Logic did not immediately respond to request for comment on the matter.

After a significant decline in early Nasdaq trading Thursday (Sept. 30), Cirrus Logic rebounded to $17.97 in late afternoon trading, down about 6 percent from Wednesday's close.

This caught my radar. So I bought a small amount of PUTS today.

Sold 20 October put contacts from .90 to 1.90

Stock is way OverSold - Buy

As we know, CRUS got murdered yesterday but with Apple making up 45% of Cirrus Logics business and Verizon starting to sell the I-Phone and other Apple products by late Novenber Cirrus should see an immediate and serious uptick in chip business.

The next earning period should be a nock out since numbers were revised downward to make certain that a miss would not be in the future cards. As we know, the analysts are just too unforgiving these days

Good luck!

Cirrus is Excellant M&A Target

Chatter on the street is that Cirrus is in talks with large chip company. Could be a very interesting development

Cirrus Logic Announces New $80 Million Share Repurchase Program

Good News For Share Holders

Press Release Source: Cirrus Logic, Inc. On Thursday November 4, 2010, 5:01 pm EDT

AUSTIN, Texas--(BUSINESS WIRE)-- Cirrus Logic, Inc. (Nasdaq:CRUS - News) announced that it has completed the repurchase of approximately 1.5 million shares of the company’s stock at an average price of $12.96, pursuant to the $20 million share repurchase program authorized by the Cirrus Logic Board of Directors in January 2009. In addition, the company announced that the Board has authorized a share repurchase program of up to an additional $80 million. The repurchases will be funded from existing cash and will be effected from time to time in accordance with applicable securities laws through the open market or in privately negotiated transactions. The timing of the repurchases and the actual amount purchased will depend on a variety of factors including the market price of the company’s shares, general market and economic conditions, and other corporate considerations.

Cirrus Logic, Inc.

Cirrus Logic develops high-precision, analog and mixed-signal integrated circuits for a broad range of innovative customers. Building on its diverse analog and signal-processing patent portfolio, Cirrus Logic delivers highly optimized products for a variety of audio and energy-related applications. The company operates from headquarters in Austin, Texas, with offices in Tucson, Ariz., Europe, Japan and Asia. More information about Cirrus Logic is available at www.cirrus.com.

dude i had 97 november 14x calls averaged at .27.

sold them at .25 for a small loss the day of the fed meeting after the markets fell like 70 - 80 points. then they had the share repurchase announcement and today those calls shot up to over .60. FML.

OUCH

Cup has formed with slight pullback for formation of handle

This could be setting up for a major breakout within the next couple of weeks

Thanks to CISCO

Looks like this is turning into a Double Bottom.....