Feb 12 - Update. Well it looks like we did get our pop on tremendous volume but it fell apart during the course of the day. INVN ended up down a lil for the day. I really don't see too much of a problem with todays action, at least it broke thru it's short term resistance, even if it was short lived. Now I think traders/investors are more inclined to buy above 15 since over 3 mil shares were traded above that level. We'll find out shortly.
Some notable updates regarding INVN's customers. Google Nexus 4 now comes with a wireless charger. Not sure if this will drive sales up but I'm sure it can't hurt. Samsung Galaxy S4 and their new tablet will prolly launch in Q2 2013. There's so many rumors surrounding this so take this info with a grain of salt.
One interesting news regarding Apple. Whatz this iWatch I'm reading about? Very interesting new gadget they *may* come out with. Just remember, INVN sells wearable sensors. These sensors are considered next generation and are based off the 6 axis gyro/accel and 9 axis gyro/accel/compass on a SINGLE chip. And they are smaller, thinner and uses less power than its competitor's (STMicroelectronics) combo (2 chips) chipset. But I'm not even sure if any of it's competitors covers this niche space (wearable segment), I'll have to check. So what's the point of having a wearable gadget (iWatch) without using wearable sensors (INVN 6/9 gyro/accel)? And if you did use them, it seems like SIZE would be a major factor in deciding what kinda chips to use. Am I making any sense here? I guess we'll find LATER than sooner.
Feb 12 - Update. Well it looks like we did get our pop on tremendous volume but it fell apart during the course of the day. INVN ended up down a lil for the day. I really don't see too much of a problem with todays action, at least it broke thru it's short term resistance, even if it was short lived. Now I think traders/investors are more inclined to buy above 15 since over 3 mil shares were traded above that level. We'll find out shortly.
Some notable updates regarding INVN's customers. Google Nexus 4 now comes with a wireless charger. Not sure if this will drive sales up but I'm sure it can't hurt. Samsung Galaxy S4 and their new tablet will prolly launch in Q2 2013. There's so many rumors surrounding this so take this info with a grain of salt.
One interesting news regarding Apple. Whatz this iWatch I'm reading about? Very interesting new gadget they *may* come out with. Just remember, INVN sells wearable sensors. These sensors are considered next generation and are based off the 6 axis gyro/accel and 9 axis gyro/accel/compass on a SINGLE chip. And they are smaller, thinner and uses less power than its competitor's (STMicroelectronics) combo (2 chips) chipset. But I'm not even sure if any of it's competitors covers this niche space (wearable segment), I'll have to check. So what's the point of having a wearable gadget (iWatch) without using wearable sensors (INVN 6/9 gyro/accel)? And if you did use them, it seems like SIZE would be a major factor in deciding what kinda chips to use. Am I making any sense here? I guess we'll find LATER than sooner.
Looks like a pump and dump
Probably not a bad buy point now at $10
Looks like a pump and dump
Probably not a bad buy point now at $10
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.