Investors are quite happy to be optimistic and trust some companies to invest in the future. For example, Amazon and Facebook's share prices are not remotely justified by their cash flow.
Qualcomm is just not one of the companies that investors are optimistic about.
I'm curious though; if you thought Qualcomm was such a great buy before, did you buy shares? If you (and everyone else) had, that would have pushed prices up and everyone would have ignored Jana.
Qualcomm is just not one of the companies that investors are optimistic about.
I'm curious though; if you thought Qualcomm was such a great buy before, did you buy shares? If you (and everyone else) had, that would have pushed prices up and everyone would have ignored Jana.