ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Invensense, Inc.

Invensense, Inc. (INVN)

12.99
0.00
(0.00%)
Closed November 23 4:00PM
0.00
0.00
(0.00%)

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

INVN News

Official News Only

INVN Discussion

View Posts
ArmyO1868 ArmyO1868 8 years ago
Posted on another site from the 8-K:

The Merger Agreement contains termination rights for the Company and Parent, including if the Merger is not consummated before June 21, 2017, subject to
a three month extension if necessary to obtain certain regulatory approvals. Upon termination of the Merger Agreement under specified circumstances,
including termination including in connection with the Company’s entry into a definitive agreement providing for the consummation of a superior
alternative acquisition proposal as permitted under the Merger Agreement, the Company will be required to pay Parent a termination fee of $46.7 million.

The Merger Agreement also provides that, upon termination of the Merger Agreement under specified circumstances, Parent will be required to pay the
Company a termination fee of $46.7 million.
πŸ‘οΈ0
ArmyO1868 ArmyO1868 8 years ago
Agreed. It's a terrible deal.
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
INVN should have gone for double what they sold for, at least $26.00 per share. INVN is one of the top ioT companies in the market today and if you read through the lines a year or two ago was being touted as the next possible Amazon. Some kind of inside deal was cut to sell at $13.
πŸ‘οΈ0
IL Padrino IL Padrino 8 years ago
Speak of the devil...

INVENSENSE, INC. SHAREHOLDER ALERT: Rigrodsky Font size: A | A | A
undefined undefined | BusinessWire
Rigrodsky & Long, P.A.:

-- Do you own shares of InvenSense, Inc. (NYSE: INVN)?

-- Did you purchase any of your shares prior to December 21, 2016?

-- Do you think the proposed buyout price is too low?

-- Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of InvenSense, Inc. ("InvenSense" or the "Company") (NYSE: INVN) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by TDK Corporation ("TDK"), in a transaction valued at approximately $1.3 billion.

Click here to learn more: http://rigrodskylong.com/investigations/invensense-inc-invn-buyout.

Under the terms of the agreement, shareholders of InvenSense will receive $13.00 in cash for each share of InvenSense common stock.

The investigation concerns whether InvenSense's board of directors failed to adequately shop the Company and obtain the best possible value for InvenSense shareholders before entering into an agreement with TDK.

If you own the common stock of InvenSense and purchased your shares before December 21, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://rigrodskylong.com/investigations/invensense-inc-invn-buyout.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20161221005965r1&sid=cmtx6&distro=nx&lang=en

View source version on businesswire.com: http://www.businesswire.com/news/home/20161221005965/en/

SOURCE: Rigrodsky & Long, P.A.

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
888-969-4242
302-295-5310
Fax: 302-654-7530
info@rl-legal.com
http://www.rigrodskylong.com
πŸ‘οΈ0
ArmyO1868 ArmyO1868 8 years ago
That would be nice. I think that $13 a share is still pretty low. I wouldn't mind a different company making a better offer. Or possibly something get renegotiated. A year is a long time and if INVN has a couple of solid quarters we might get better offers. The deal is not done until all the i's are dotted and T's are crossed.

The stock is been cocked and ready to run for a while now. I don't have any insight, but from what I've read, the consensus is that there has been more of a leadership problem not a product issue with INVN.
πŸ‘οΈ0
IL Padrino IL Padrino 8 years ago
Great news. I wonder if we get cash or converted shares or a combination of both.
πŸ‘οΈ0
ArmyO1868 ArmyO1868 8 years ago
TDK to buy InvenSense for $1.3B http://www.seekingalpha.com/news/3231878
πŸ‘οΈ0
IL Padrino IL Padrino 8 years ago
That's the consensus
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
I would have thought the buyout would be much more than $12.00 per share. This was being touted as one of the best iOT stocks a year or so ago. Believe it's a negotiating start and will be bought higher?
πŸ‘οΈ0
IL Padrino IL Padrino 8 years ago
http://seekingalpha.com/article/4029983-invensense-12-starting-point?auth_param=o8foh:1c4tvei:620745b4e54e3b08bd1ff9530c95d0be&uprof=45&dr=1
πŸ‘οΈ0
IL Padrino IL Padrino 8 years ago
If the buyout is at $12, then we get that and probably a few shares of new ticker.
πŸ‘οΈ0
ArmyO1868 ArmyO1868 8 years ago
Exclusive: Japan's TDK in talks to buy iPhone supplier InvenSense - sources
http://www.reuters.com/article/idUSKBN13Y229
πŸ‘οΈ0
AHayesC AHayesC 8 years ago
Keen to hear anyone's thoughts on the validity of this? If this is true, is there a "finger in the air" way of knowing how far this will run up to? I'm not planning on buying more on this news.
πŸ‘οΈ0
IL Padrino IL Padrino 8 years ago
Yea!

InvenSense +27%, talks of takeover by TDK reported
Dec. 9, 2016 12:04 PM ET|About: InvenSense (INVN)|By: Eric McCaffrey, SA News Editor
Reuters sources have TDK extending a $12 per share offer for InvenSense (INVN +27%).

While negotiations remain fluid, a finalization of terms by the end of the month is claimed targeted.

Now read: China's Fujian drops Aixtron bid after U.S. blocks deal »
πŸ‘οΈ0
IL Padrino IL Padrino 8 years ago
All positive news last few days. Looking to double from here!
πŸ‘οΈ0
IL Padrino IL Padrino 8 years ago
Looks like I spoke too soon. :(
πŸ‘οΈ0
IL Padrino IL Padrino 8 years ago
Major gap up this morning. INVN's got legs! I wonder where the selling will start?
πŸ‘οΈ0
IL Padrino IL Padrino 8 years ago
We're looking good last few days. These gains seem solid and not a temp climb.
πŸ‘οΈ0
ArmyO1868 ArmyO1868 8 years ago
InvenSense +12%; upgraded at Pacific Crest Securities due to "significant opportunity" in augmented reality http://www.seekingalpha.com/news/3203064
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
Like clockwork, there have been large dumping at 4:02pm everyday for a week or more. Today was a 25,000+ share dump. MM's are in deep doo being short over 11 mil shares. Trying to hold it back and gap it down on the next trading day but that's all about to end over the next day or so.
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
Bullish trend broke through some key areas today. Aroon oscillator crossed the zero line and the aroon up is nearing 70. This is about to rip over $7.00 and possibly close to $8.00 very soon. Link to great article from The Street.

https://www.thestreet.com/story/13610193/1/5-stocks-under-10-set-to-soar.html?puc=yahoo&cm_ven=YAHOO
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
Excellent day. Charts are setting for nice pop. Once the aroon oscillator breaks zero or the aroon up breaks north just a bit, we break $7.00. With a little more buying pressure this goes tomorrow. Once it goes, we need it to stay at those levels.
πŸ‘οΈ0
harpola harpola 8 years ago
I hope so I'm in at twenty something
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
This baby is about to pop huge. Little more buying pressure and we test 6.70.
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
Strange trading today. 1.5 mil on the buy side vs. 250,000 on the sell side with little upward movement. Again, this looks like MM's covering. Every nice buy is met with a small bid whack.
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
MM's doing their best to keep this from running. Can't keep it down much longer. Coiled like a spring and ready to pop :)
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
If this buying pressure continues we fly past $7.
πŸ‘οΈ0
nas9709 nas9709 8 years ago
Let's see if we get closer to 7 today.
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
MM's see what I see and are doing their best to keep this down. A little more buying pressure and we fly over $7.00. A good battle but I believe the bulls will win. We'll see how the afternoon shakes out.
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
$INVN ~ After hours up + .24 to $6.70 on 44,000+ volume. AH high was $6.80. Looks like a 32,000 buy after hours. This is just starting up. If there is buying pressure tomorrow this runs past $7.00 maybe runs to $7.50+.
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
Huge volume today. Think shorts may be covering a bit and potentially shorting the higher price at the same time. Charts looking amazing here. RSI looking good with room to run, MACD still curled nicely, accumulation line going up. A tech indicator I really like is the aroon 25. Go to stockcharts.com and put in INVN. Scroll down to the indicators and click aroon. Once the aroon down (red line) breaks 50 (currently 52) and the green line, the aroon up (currently at 4) breaks through 30 you will see a huge pop. Once the green line breaks up through the red line we pop big. This should easily break $7+ if the market doesn't correct and the market makers don't mess with the chart. INVN is considered a prime takeover target in it's sector. There has to be a huge short squeeze in the future as well. MM's are playing with fire here and hope we burn the heck out of them.
πŸ‘οΈ0
nas9709 nas9709 8 years ago
Maybe tomorrow. The slow and steady climb is encouraging.
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
I believe we see $7.00+ today or tomorrow barring a major market pullback.
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
Plenty of room to run here. Gonna pop any moment now. 10mil shorts better start covering fast :)
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
Getting ready to go here. Should pop 10 - 20 % in the next day or so as long as the pressure continues. Aroon up 25 is at zero. As soon as it heads up we pop.
πŸ‘οΈ0
bud_fox bud_fox 8 years ago
$INVN ~ Charts looking good here. Ready for nice pop !
πŸ‘οΈ0
IPO$ IPO$ 9 years ago
How does technology compare to that of ticker symbol DRNE?
πŸ‘οΈ0
IL Padrino IL Padrino 9 years ago
Been making decent gains lately. Slow and steady wins the race!
πŸ‘οΈ0
ArmyO1868 ArmyO1868 9 years ago
For everyone's situational awareness:
http://www.businesswire.com/news/home/20160331005394/en/InvenSense-Enables-Superior-Audio-Quality-Gionee’s-S8
πŸ‘οΈ0
IL Padrino IL Padrino 9 years ago
Good time to average down. I'm picking up a few as I can
πŸ‘οΈ0
daudah daudah 9 years ago
I most certainly hope so. I bought 4k shares back on December 15th. I am down 11k $.
πŸ‘οΈ0
IL Padrino IL Padrino 9 years ago
Bought some more today. This is the next Intel and a steal at this level.
πŸ‘οΈ0
IL Padrino IL Padrino 9 years ago
Been watching this since $24 and felt it was time to get in. Took a small position today and plan to slowly accumulate this year.
πŸ‘οΈ0
JeffL JeffL 9 years ago
InvenSense® Announces World’s First 6-Axis Mainboard OIS-Macro Sensor
http://www.businesswire.com/news/home/20160224005610/en/InvenSense%C2%AE-Announces-World%E2%80%99s-6-Axis-Mainboard-OIS-Macro-Sensor
πŸ‘οΈ0
IL Padrino IL Padrino 9 years ago
Hi,
I'm ready to invest here. I think we're at or near bottom. The payoff will be several years from now as their technology is intergrated into new inventions. Therefore I'm putting it in an IRA and letting it sit. Eventually this will be a triple digit stock, but that will be 5 years from now or so.
πŸ‘οΈ0
daudah daudah 9 years ago
http://corvuswire.com/2016/01/23/invensense-inc-invn-position-raised-by-creative-planning/766475/
πŸ‘οΈ0
uksausage uksausage 9 years ago
anyone know if it is INVN sensors in the FitBits that are now subject to class action law suit?
Heartrate/blood pressure sensors I think are the focus.

πŸ‘οΈ0
bud_fox bud_fox 9 years ago
$INVN ~ with the advent of ioT, INVN will be a major player and grow substantially through 2020. INVN components will be in many everyday products. 55 billion devices will be connected to the internet by 2020 (smart homes, auto, phones, ipads, tablets, drones etc. etc. etc. From the 3 stocks on the list, AMBA is trading at $50.00+ with a market cap of 1.6 billion. IXYS has a market cap of $352 million and currently trading higher than INVN with a market cap of $850 million. INVN is oversold and way undervalued at current levels.
πŸ‘οΈ0
IPO$ IPO$ 9 years ago
When will this feature be available?
πŸ‘οΈ0
uksausage uksausage 9 years ago
Potentially body cameras should have magnetometer to show which direction they were pointing.
An interesting solution integration question though
πŸ‘οΈ0