After being dormant for a long time, Actions Semiconductor Co. Ltd.'s (ACTS) stock finally began moving on January 8, 2013. Since then, the stock has had a pretty good run. So as an investor, I am asking: now what? Does this upward movement have legs or will it fade away just like past flash bursts?
Financially, the company did turn its bottom line from red to green in the
last quarter, but that result is nothing close to splendid as the third quarter
is traditionally the company's strongest. In fact, Q3 2012 was a rare occasion
when the management team did not actually meet its revenue target. Table 1 shows
the company's revenue, gross profit, and net income for the past 10 reported
Read my full article on Seeking Alpha.