wow.. i just looked at the 90 day for OKTA and if EMA pushes through SMA, its good for an easy 10% at least in a really short window. fucking great catch.

That as well. If that does happen I will sell of a chunk and play with house money. My spidey sense is sensing that there will be quite a bit of consolidation in the near future. Will obviously hold for a low risk wait and see approach obv.

pretty much the whole market sucked death dicks today but OKTA is already up 1.17%. thats a good horse right there.

like as i hit enter it started to pull back but still. i really wish it was doing a bit more volume but im intrigued regardless.

Do you see any semiconductors with high upside other than AMD? I'm hesitant to deal with any manufacturing/supply chain bs and would prefer to stick with digital delivery at this stage of the game.

NXPI & ON are the defacto US semiconductor horses but tesla is such a potential disrupter here. tesla could acquire them just to scale up using their infrastructure, but there are really, really solid semiconductors coming out of other countries that might make more attractive targets to Tesla could just as easily target them for acquisition and charter its own spacex flights to bypass any supply chain issues. i mean nothings off the table there. tesla's stack is big enough to take a lot of flops here.

also consider this before you make any long term commitments (bold mine):

The rebound in technology IPOs has been one of the year's most surprising developments, but the excitement has been coming from a narrow slice of the sector, largely software and the cloud. Hardware names remain mostly absent -- the last time a major chip company went public was nearly a decade ago. But the dry spell might be ending.

This past week, multiple news outlets reported that SoftBank (ticker: SFTBY) is considering a sale or initial public offering of its Arm Holdings unit. SoftBank paid $32 billion for Arm in 2016. An IPO could value the company north of $40 billion.

Arm and SoftBank both declined to comment on the reports and their plans for Arm. But an Arm IPO makes sense, and it's an important signal for investors about the future of the chip business.

Arm isn't a traditional semiconductor maker like Intel (INTC), which designs, manufactures, and sells chips to device makers. Arm does only the designs, which it licenses to chip producers like Broadcom (AVGO), Marvell Technology (MRVL), and Nvidia (NVDA). Then Arm sits back and collects royalties when those companies sell products with its designs. Arm doesn't make anything - - other than money -- and it doesn't sell anything -- other than IP.

Arm's biggest market has long been mobile devices; the company says that Arm-based processors power more than 95% of the world's smartphones and tablets.

When SoftBank announced the acquisition, its CEO, Masayoshi Son, said he expected Arm to become a key driver in the internet of things (IoT), which happened to be a major focus for the $100 billion SoftBank Vision Fund, a venture capital portfolio which was launched the same year SoftBank bought Arm.

A year ago, Arm CEO Simon Segars told me that going private under SoftBank had freed the company from public reporting pressures, allowing it to add 2,000 more engineers and to expand its work on IoT and other new initiatives. He also said that Arm would likely stay private until 2023.

But a lot can happen in a year. The reports this past week suggested that SoftBank has hired Goldman Sachs to investigate strategic options for ARM, which could include selling the company outright or taking it back to the public markets several years ahead of schedule.

The timing makes sense. For one thing, SoftBank has gotten religion about closing the large gap between its market value and its underlying asset value. The company has already sold most of its stake in T-Mobile (TMUS). And it's sold small slices of holdings in both Alibaba (BABA) and SoftBank Corp. (9434.Japan) a majority owned Japanese wireless carrier.

With those deals done, the investment bankers have logically turned to Arm. With tech stocks on fire, there might not be a better time to sell shares of the chip maker.

Finding a strategic buyer for Arm seems unlikely, given that so many chip companies license its designs. Arm's impartial approach to business would be imperiled if it became part of a large chip manufacturer like Intel or Qualcomm (QCOM).

SoftBank is more likely to sell a minority stake, which is exactly what it did when it took SoftBank Corp. public in December 2018.

That approach would generate cash for both SoftBank, which holds 75% of Arm's shares, and the Vision Fund, which holds the other 25%. SoftBank is likely to keep Arm's IoT business. Last month, SoftBank said it was moving the IoT unit into a separate wholly owned subsidiary.

For public investors, the rest of Arm would arrive just in time for the emergence of 5G. But Arm is actually about more than wireless networks and mobile phones. Apple (AAPL) recently announced that it plans to shift its Mac processors from Intel to Arm-based designs over the next few years. Arm is also preparing a new version of its core processor design known as v9. For processor nerds, that's a major event: The current ARM design, v8, has been updated repeatedly but was introduced in 2011.

So what might ARM be worth? Well, in 2015, the last full year before it was acquired, ARM had revenue of $1.5 billion. The $32 billion purchase price was 21.3 times sales.

In SoftBank's latest fiscal year, Arm had sales of $1.9 billion. Apply the 2016 ratio of 21 times sales to last year's results, and you get $40 billion. That's a big multiple for a chip stock, but it's about what investors have been paying for enterprise software shares. And Arm's business model makes it look more like a software company than a chip maker.

Pierre Ferragu, an analyst with New Street Research, thinks an Arm IPO is most likely to happen in 2021, with a valuation in the $40 billion to $45 billion range. If SoftBank sold a 35% stake at a $40 billion valuation, it would raise $14 billion, of which $3.5 billion would go to the Vision Fund, which could use a big win. Meanwhile, SoftBank and the Vision Fund would still be left with a large -- and more liquid -- position.

It's been a long time since IPO investors have had the chance to bet on a major chip play. Of the companies in the PHLX Semiconductor Index, the most recent IPO came from NXP Semiconductor (NXPI) in 2010. These days investors are willing to plunk down billions on new stocks like used car company Vroom (VRM) and insurtech upstart Lemonade (LMND). So you have to like the IPO prospects for the world's dominant designer of mobile phone chips. b

Looking at them I do not see any design wins that jump out at me.

heard but the market likes them clearly:







if it hits 22.50 by next wed, that 23c Aug 21 contract gains 30% value more or less.

I am bullish on Ringcentral (RNG) Signs point to them crushing their earnings tomorrow.

I'm calling their price come Fridays close will be $307.88 from $290.75 at the start of Mondays trading.

*DISCLAIMER - This is just a shot out of the dark

goddamned, you were on point there for a hot minute. im surprised at the pullback from 310 -> 300.xx

Oh I am not surprised at all. Their stock rose >10% in 2 days. I see a jump to 310 tomorrow another pullback on Wednesday and Thursday and will land somewhere between 305-310 at Fridays close.