***Official*** 2009 Stock Market Thread

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Azurik

Azurik

Platinum Member
Jan 23, 2002
2,206
12
81
richardycc said:
so RMBS bought this Global Lighting Technologies for 26mil..is this a good fit? They do have a lot of patents, maybe RMBS will now go after all monitor makers?? LOL.
Click to expand...

They are swallowing up Global Lighting Technologies and bringing 12 members of its staff into the Rambus team, including the current CEO of GLT. They also acquire GLT's patents on LED backlighting technology. Samsung is a PAYING customer of GLT (along with many big names, ie: Dell)

Now here's what is interesting to me...

Today, after one day of Rambus announcing this news, Samsung comes out with a press release announcing they are switching all their monitors to LED backlight technology by next year:

http://www.electronista.com/articles/09/12/14/samsung.to.launch.tablet.pcs.in.2010.more/


Couple this with the announcement that Samsung's current CEO is stepping down and being replaced:

http://rttnews.com/ArticleView.aspx?Id=1156596


There have been many instances where the CEO of a company steps down right before a major event happens. In Asia (I'm Vietnamese), leadership steps down to soften the blow of something negative. People can blame the one stepping down, but the company just hired a new CEO and is seen as "switching directions" to not make mistakes again.

So...

#1. Samsung CEO steps down.
#2. Samsung announces switching all their monitors to LED backlight the day after Rambus buys GLT, a company holding key patents to this technology.
#3. Samsung announces production of 1gb Rambus XDR memory last week.

Who knows what this means. Maybe Rambus will offer GLT's patents as part of the licensing and settlement offer. Part of the market clearly recognizes the potential signs here as Rambus is heading towards it's $26 resistance on sizeable volume.

Either way, I'm just excited for January and the start of the AT Trial (with or without Samsung). Lets hope the ITC goes well and doesn't put a dent into things.

All Roads Lead to Rambus,
Azurik

EDIT: Rambus ascended to a new 52-week high of over $23+ on volume, which is good. What is not good is it's falling down along with the market - makes the pop look bad on the charts. Boo.

Countdown to New Years, but also make a countdown to Jan. 11th (when jury selection begins and the trial is "officially" starting).
 
Last edited:
R

richardycc

Diamond Member
Apr 29, 2001
5,719
1
81
richardycc said:
they will go in fornt of the judge today at 2:30pm for the approval of the amended bankruptcy plan. a lot of weak hands and people that bought at 31cents/share got out or took some money off the table. no bad news that I could find. We should get some news tonight, just don't know if it's good or bad. I am holding until at least Friday.
Click to expand...


looks like judge OKs the plan and Reuters picked up the stock is overvalued article written by a shortseller.
 
J

JS80

Lifer
Oct 24, 2005
26,271
7
81
Dec-15-2009 ntc of lodging of non-california authorities cited in deft's second round of briefing re equitable tolling filed by defendant samsung electronics america,inc. Samsung semiconductor, inc. Samsung electronics co., ltd
dec-15-2009 declaration of helen c eckert in support of deft's second round of briefing regarding equitable tolling of the statue of limitations based on rambus's assertion of fraudulent concealment filed by defendant samsung electronics america,inc. Samsung semiconductor, inc. Samsung electronics co., ltd
dec-15-2009 ntc of conditional lodging under seal filed by defendant samsung electronics america,inc. Samsung semiconductor, inc. Samsung electronics co., ltd
dec-15-2009 motion in limine (#17 redacted version) filed by defendant samsung electronics america,inc. Samsung semiconductor, inc. Samsung electronics co., ltd
dec-15-2009 second round of briefing regarding equitable tolling of the statue of limitations based on pltf's assertion of fraudulent concealment (redacted version) filed by defendant samsung electronics america,inc. Samsung semiconductor, inc. Samsung electronics co., ltd
dec-15-2009 ntc of conditional lodging under seal filed by defendant samsung electronics america,inc. Samsung semiconductor, inc. Samsung electronics co., ltd
dec-15-2009 declaration of leo caseria in support of deft's mtn in limine no 17 (redacted version) filed by defendant samsung electronics america,inc. Samsung semiconductor, inc. Samsung electronics co., ltd
dec-15-2009 ntc of mtn and mtn to quash/alt for a protective order regarding rambus's trial subpoena served on kyung whan kim, proof of service, points and authorities, declaration filed by defendant samsung electronics america,inc. Samsung semiconductor, inc. Samsung electronics co., ltd hearing set for jan-11-2010 at 09:30 am in dept 304 40.00
dec-15-2009 pos on ntc of mtn and mtn in limine to exclude trial exhibits 7944-7653; dec. Of keith r.d. Hamilton and ntc of lodging non-calif. Authorities filed by plaintiff rambus inc.,
dec-15-2009 ntc of lodging non-california authorities in support of rambus inc.'s mtn in limine to exclude trial exhibits 7944-7953 filed by plaintiff rambus inc.,
dec-15-2009 declaration of keith r.d. Hamilton in support of rambus inc.s' mtns in limine to exclude trial exhibits 7944-7953 filed by plaintiff rambus inc.,
dec-15-2009 motion in limine filed by plaintiff rambus inc.,
dec-15-2009 response to deft's oening brief regarding equitable toling of the statue of limitations based on rambus's assertion of fraudelent concealment filed by plaintiff rambus inc.,
 
Azurik

Azurik

Platinum Member
Jan 23, 2002
2,206
12
81
Yoxxy said:
Haven't really been in here in a while. Wanted to say congrats to azurik on RMBS he has been completely right on the stock. I got out way to early on my options (around even money) but the HGSI lottery ticket netted close to $3/4MM.
Click to expand...

Thanks Yoxxy, I appreciate your post and welcomed your criticism and inquiries earler this year. It provided a chance for a real discussion on RMBS.

I have always stated that if you don't know much about the market, it's a lot better to invest in several indices and be done with it. Or, stick to the investing style you are comfortable with.

RMBS is definitely not a stock for a person who is risk averse and votility makes them run. It's not a stock you can value based on past earnings. You need to have knowledge of the legal situation and be able to place a relative percentage of them winning/losing certain cases. You need to be aware of the DRAM industry and how it works. Or... you can have me post on ATOT all day for you guys ;)

I realize what I was risking when I kept buying RMBS at $5, $6, $7 etc. as the stock was tanking late last year and earlier this year (market meltdown and a fubar ruling). A lot of people jumped on the anti-RMBS train, but I appreciate those who had open ears and judged for themselves what to do. Now approaching $23, those purchases were right on the money. Currently, the problem is what to do with the 13,000 shares once the trial is over, but it's a good problem!

Enjoy the rollercoaster ride coming up (hopefully up all the way). I still think there's plenty of upside and the price right now will be nothing if things go RMBS' way.
 
IEC

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,608
6,094
136
everydae said:
Yah.. Just wow, it's dropping like there's no bottom. Wonder what's up. Didn't bite any before, should I today?
Click to expand...

Shakeout of massive proportions - just bounced off $7 back into the $8.30 range.
 
R

richardycc

Diamond Member
Apr 29, 2001
5,719
1
81
I can't get my ggwpq order to fill from 7.3 to 8ish... I even put in the bid at or above the ask, still didn't fill. Finally filled at 8.11 in few transactions.
 
IEC

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,608
6,094
136
richardycc said:
I can't get my ggwpq order to fill from 7.3 to 8ish... I even put in the bid at or above the ask, still didn't fill. Finally filled at 8.11 in few transactions.
Click to expand...

Ouch... someone just got murdered with a market sell for 500 shares... filled @ 7.16. Limit orders are always a good idea...
 
R

richardycc

Diamond Member
Apr 29, 2001
5,719
1
81
Spartan Niner said:
Ouch... someone just got murdered with a market sell for 500 shares... filled @ 7.16. Limit orders are always a good idea...
Click to expand...

bear raid..but it's holding up pretty well thou, shorts will pay at the end... It's at 8.58 now. Cmon, bring out the good news!
 
K

KDKPSJ

Diamond Member
Dec 13, 2002
3,288
58
91
C being crashed from dillution and possible R/S. I may buy few tomorrow and forget about it at least a year or so. What you guys think?
 
L

Lamont Burns

Platinum Member
Dec 13, 2002
2,836
0
0
I was kinda wondering this too. I was thinking of a buy under $3/share with speculative loose money and sitting on it. $2.75?

Many say they wouldn't buy it at $1, judging no returns to be had for years.
 
C

Cal166

Diamond Member
May 6, 2000
5,081
8
81
I own a few hundred shares at a higher price so the logical choice is to buying some more at a lower price and hopefully in a few years...PROFIT!
 
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