SocialPicks Sentiment:
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This Quarter's Sentiment:
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SocialPicks Community
Piggybacking Apple
BRCM
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-11.87%
in
867 days
Broadcom makes parts for the iPhone.
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Bullish on BRCM ...
BRCM
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+79.18%
in
404 days
The semis have shown a bit of strength recently. BRCM has held its own over the last week in the face of the market turmoil and recently formed a double bottom support in the $14 range. I'm looking at the Jan 2011 LEAPS calls. Since they are so far out, only the $15 strike has sufficient open interest for me to touch. The Jan '10 LEAPS calls don't offer much better OI than the '11s in the lower strikes so if I jump in it would probably be with the 2011's for the modest difference in price at the same strike which would give me a year more of time.
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BRCM - good chip maker
BRCM
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+12.18%
in
470 days
They make chips for apple. That should be enough to help with your purchase. Also, they have an increasing customer base and have the best technology around.
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Piggybacking Apple
BRCM
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-11.87%
in
867 days
Broadcom makes parts for the iPhone.
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BRCM and Apple iPhone
BRCM
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+26.75%
in
133 days
(closed on 08/22/08)
BRCM will probably supply chips to the new version of the apple iPhone. This will bost their sales, especially if the iPhone sells well. Its a good double hitter if you invest in both Apple and BRCM. Even if Apple does bad, BRCM still has a new chip out that will be most likely used in a new mobile device. <> BRCM also just made a new chip that can obtain the highest network ethernet speeds to date. This company, in my opinion, will revolutionize networking and internet speeds. It is a large company who can take hits, but it also is coming out with new products that could further i>...
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From the Blogosphere
Option Traders Cautious on Semiconductors Despite Recent 52-Week High
Traders may be getting cautious on the Semiconductors (SMH) after the group hit new highs and Marvell reported a strong quarter.
Earlier today a trader rolled 5,000 December $25 puts up to the $27 strike for a better delta trade in Texas Instruments (TXN), and now a trader rolled 5,000 December $29 puts up to the $31 strike in Broadcom (BRCM).
There is also heavy put buying in the RF Micro (RFMD) January $5 puts.
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Nasdaq Market Wrap 5 December
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 The 60-minute trend is down according to the force index indicator. At 1770 the up gap indicates a support. The closure of this gaps would be negative.
DELL, AAPL printed new 20-day lows. several stocks printed new 20-day highs: AKAM, AMAT, BRCM, CMCSA, CSCO, DISH, INTC, JNPR, NVDA, ORCL, QCOM. AMAT, INTC, JNPR, NVDA printed 5 consecutive up closes. GOOG and SIRI printed 3 consecutive down closes. Most of the stocks are moving above their long term moving averages. In the medium-short term the picture is mixed. In the Figure you can see a summary of the trend conditions of the Index stock...
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Nasdaq Market Wrap 5 December

 The 60-minute trend is down according to the force index indicator. At 1770 the up gap indicates a support. The closure of this gaps would be negative.
DELL, AAPL printed new 20-day lows. several stocks printed new 20-day highs: AKAM, AMAT, BRCM, CMCSA, CSCO, DISH, INTC, JNPR, NVDA, ORCL, QCOM. AMAT, INTC, JNPR, NVDA printed 5 consecutive up closes. GOOG and SIRI printed 3 consecutive down closes. Most of the stocks are moving above their long term moving averages. In the medium-short term the picture is mixed. In the Figure you can see a summary of the trend conditions of the Index stock...
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Conexant Retires Debt – Analyst Blog
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Conexant Systems, Inc. (CNXT) recently announced that it will redeem the remaining $61.4 million of outstanding floating rate senior secured notes due in November 2010 on Dec18, 2009. Earlier, the company retired an aggregate amount of $80 million of its senior secured notes due in November 2010. The notes will be redeemed at a cash redemption price equal to 101% of the principal amount of the notes, plus accrued and unpaid interest to the redemption date. <>Management plans to use the cash balance on the balance sheet to fund the redemption of debt and strengthen its capital structure. The com>...
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Option Traders Cautious Semiconductors Despite Recent 52-Week High
Traders may be getting cautious on the Semiconductors (SMH) after the group hit new highs and Marvell reported a strong quarter.
Earlier today a trader rolled 5,000 December $25 puts up to the $27 strike for a better delta trade in Texas Instruments (TXN), and now a trader rolled 5,000 December $29 puts up to the $31 strike in Broadcom (BRCM).
There is also heavy put buying in the RF Micro (RFMD) January $5 puts.
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