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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: puborectalis who wrote (2161)	6/5/2013 4:26:49 PM
From: The Ox	Read Replies (1) of 8239

As long as you realize you are buying into a steady down trend, then speculating in CRUS might be very profitable. Based on a 2 year chart, this is an ok place to buy...with a stop somewhere close below the recent low of 17ish. Based on a 5 year chart, you might be a bit early. I have a few long term trendlines that suggest $13 or $14 will be the bottom area and a break below 12.20ish would negate those. Analyst estimates are plunging, so it's real hard to justify a "valuation" based approach with this background. Revenues are expected to show a reduction in FY14 and then a small pop in FY15. Revenue nearly doubled last year, so taking a breather is not necessarily a death knell for the company. However, when revenue plateaus and earnings start to drop substantially, this is a big red flag for most "value" investors. I hope you're right and that the stock is now "washed out". My view is to keep a tight downside stop in place, in case it returns to it's free fall trend.... I would be very encouraged on a sustained break above 19. My 2 cents worth....JMO... TO

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