I took at 150 share stake in TSM Wednesday around $9.40ish and they reported good stuff Friday night. Keep an eye on this name, semiconductor sales are starting to turn up. This stock is under $10 and can rip. Another risky semiconductor is UMC. Intel (INTC) is the solid pure play but TSM is my favorite.
http://uk.reuters.com/article/governmentFilingsNews/idUKTP33780220090410?pageNumber=2&virtualBrandChannel=0
Key Highlights from Report:
* Q1 sales fall but beat company and analysts' estimates
* Analysts bullish on Q2 sales
* Company is seeing rush orders due to Chinese Stimulus Package
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I agree with RF. Semiconductors are on fire, I own INTC, ISIL, and might buy TSM.
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