UPDATE ON RUBICON $RBCN
This post was just published on ZYX Buy Change Alert.
RBCN is falling on earnings. The thesis behind holding this stock has nothing to do with earnings. Apple is making major investments in RBCN competitor GTAT for sapphire. If Apple introduces a sapphire screen, the competitors may also want to introduce sapphire screens to keep up. Since Apple has already locked up GTAT, RBCN should be the primary beneficiary of orders from Apple competitors.
At the time of the previous posts on RBCN, small cap growth stocks were favored by the market. Now the tide has turned. The market hates small cap growth stocks. … Please click here or the title below to read more.
May 2, 2014
