May 9th- The Next Intel- Trade Report – INVN

Editors note: This was emailed May 9th to our Alert members, and membership is FREE! No string… we just pay it forward. Our last 2 trades prior to this HIMX up 53% and YY up 53% both within 2-4 weeks each.  Join us using the subscribe button for the next alerts!

INVN- InvenSense-11.91 at time of Report

We are suggesting long positions in INVN here anywhere in the 11.70-12.15 areas as entry points.

INVN if you are not aware, is rapidly emerging in our opinion and others as THE LEADER in motion sensing technologies. These vary from the motion sensing WII games you or your kids play, to gyroscopic devices, controllers, chips and more that will be going into smart phones, tablets, games, and soon wearable computing devices.

INVN came public not far from where it trades now with a high of 22 and a low around 9.

Last week they reported YET ANOTHER amazingly strong quarter of 65% sales growth and 110% earnings per share growth.  The stock lifted from 9 to 12 and we see a base pattern here that will soon emerge with projected higher prices into the 15-16 area for 25-33% gains from here prior to the next earnings report.

They are taking market share from their main competitor STM, which went so far as to file a baseless patent infringement suit against them last year. 8 of 9 claims have already been laughed at by the patent office.  STM is worried that INVN will take their Apple business away, and they should be because its going to happen based on what we are reading and management is indicating.

Already, INVN has 30% of their business from Samsung alone…and have over 7,000 developers working on products from their technologies.

We would advise you read up on them at seekingalpha.com for a lot of good articles.  Type in INVN in the search box and read.

In the meantime, we look for this stock to explode higher in the coming months from this $12 area.  Currently trading at 15 x earnings estimates with projected 30-50% growth well into the future… its not going to stay cheap for long.

In the past few quarters institutions and mutual funds are increasing their positions aggressively while its cheap, we know, we read the filings.

Below is the chart patterns we like…. the weekly MACD is about to break to the upside confirming a new uptrend… we plan to be on board.

Our most recent 2 trades up 43% and 53%-YY HIMX

YY and HIMX- Free Trade Alerts Update

YY-  This stock was E-mailed to our free alert subscribers on April 25th at 16.35 per share with a chart.

After earnings today we are up  43% so far on this position as of May 8th trading. Our targets were $20 plus and we did a chart showing same with an arrow.

Our trade prior to this was HIMX, which was March 27th–which has run up as much as 53% and we still like it.

We just put out a new trade this week, so join us to get details and E-mail us for the password to open the report.