Moon Kil Woong
Moon Kil Woong
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NXPI has hurt recently but I also got invested in it. Long term its the only semiconductor play going into a cyclical downturn for semis. I like it simply due to NFC and have to trust they won't lose it all on their other businesses. A god first step towards helping NXPI go up is getting rid of the CEO who brashly tries to talk down the stock and incorrectly even states his desire to issue more share due to massive demand for the stock as it sinks 35% (what massive demand?). The guy should go. He clearly hates the NFC division for stealing the limelight of rotting unprofitable old semiconductor products under NXPI's belt.
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Wednesday Market Roundup: Sharp Price Drops in Underlying Commodities [View article]
The exceptions are oil and gold which fell much later than all the rest for abnormal reasons. Oil is cartel driven and Iraq war etc effect it. Gold is a silly little arcane hedge conspiracy theorists like using and in not correlated to real demand or uses for it. Rather it just sits around waiting for more bars to be its friend every year.