Thread regarding Qualcomm Inc. layoffs

Should I sell?

I voted with my feet but I still have some stock (wouldn't buy this shxttastic stock in the retail market and neither should you). I think QCOM will slowly dip into the early 50s dodge a few more takeover attempts by buying politicians but eventually get torn apart. NXP is still not a done thing and MofCom may go either way, so probably no adjacent business. The only saving grace could have been an acquisition which also is iffy. Is this the right time to exit? What would you do?

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Post ID: @OP+ScXjgIC

2 replies (most recent on top)

Buy puts.

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Post ID: @fwa+ScXjgIC

I would hold on and may buy some more, this is very pessimistic time, leading to depressed price. Q has lots of value !!

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Post ID: @cfm+ScXjgIC

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