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INVN short-term price movement ?3

14:48 08-May-15


People keep asking about today's price movement in INVN, so I will publish to everyone.

My guess is that it's due to weekly options expiration as people with a more short term focus adjust to disappointment over the most recent earnings report.  We might reasonably expect to see the same thing ahead of monthly options expiration next week.  I see both as opportunity for more disciplined, long term investors.  This article concluded, "I continue to expect that InvenSense has a very bright future, and it's of little concern to me whether the market realizes that tomorrow or in the months to come."  That's still the case.

Apologies to those of you who are reading this twice.