Ram, it has so much "juice" left in it because even at this level it is still dirt cheap.
I don't know if the bottom will be mid 4's, low 4's, high 3's, mid 3's, etc. However, I am very confident that by the end of the year, or sooner, one will be very happy with their purchases at any of these prices.
I did buy more on the pullback to 4 last Thur, and got carried away with a little purchase at 4 1/2 today as it looked like the stock was going to break (it didn't - oh well).
I am bullish on the stock because I am of the opinion that Xicor's turnaround is already baked and if the semi industry stays strong, this stock is going to be big. I will be monitoring the state of the semi industry very closely, and at any sign of a slowdown my strategy and plan of action will change. However, based on the Q2 cc's and everything I read, the future looks good.
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