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-- Stating that -- -- -- some money Jospin is here at this hour we're looking at a Texas based company Cirrus Logic.
Shares of the tech company surging today Charles on certain you know what it trades in tandem with apple in its -- -- a certain degree because.
Without their chips you don't hear you know the have a tablet without sound you have an Idaho -- about but outside.
-- looked -- other companies -- -- but nobody does the better than them unfortunately they've been tethered to apple.
As you know though people say well you know would -- do beyond apple I -- tell you -- they do business with.
-- Samsung Panasonic Sony that's done it by here's the thing got to stock.
It's one of these Alter volatile spots and when it goes down it goes down big and it goes up it goes a big I love the action on it today -- love the volume wanna today.
Less time they reporter revenues were 91% -- audio chip sales were 120%.
Yet the stocks fell 37% from its week -- to a -- it's one of the Sox have played for years in fact the -- the CR US I always affectionately call -- -- I can get us back -- president no -- -- -- yeah outside -- -- -- moment -- of them that you like daddy got the nickname is treasures of this and take its stock about a lottery -- a -- -- -- -- a very very.
For whatever reason it's been a Golden State income growth that EPS is being a good look at this thing you say the 05 I mean it's just one of these things he does it's -- greens -- -- And yet the stock has been under pressure nevertheless -- like -- here.
Going to 31 and a half my net I would be 35 bucks and if if you are at it and you can't handle a lot of volatility I would suggest 25 as a stop loss.
Buckle up buckle up and they did little bit question.
-- -- About poverty industry I mean what kind of competition -- they have a mean.
I'm not good physically and that's to be honest there's there's -- is one yeah.
And then there's a cut a little bit put.
Really I think there I'll distancing the competition and by the way.
They're business is -- and -- you know I just -- these companies sell out for many.
-- -- the Duke Energy LED stuff they do industrial do power that they do all the chips that video.
I I just never understand why does not -- gets hammered to the degree that it does but it does but -- of the flip side of that is when this special -- so what does to be quite frank.
One of the characteristics of semiconductor -- anyway.
When they take off they take office like.
-- money when they get hammered it's just a freefall it's already had as -- hello again Hammett.
Yes you should get hammered right because your wallets and you have it right guys I think there is oversold and I think -- -- to make the move through the -- Good stuff Cirrus Logic tells thank you so much.
-- suspect none of those -- he plays -- that I laughed.
I come up -- they love of god I never Cadillac as we do every fifteen.
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