We're only halfway through the day - but the volume is already 1.2X average daily volume - and the stock is up a teensy bit, so there is a little buying. The chart is a real horror show - down 30% in the last month while the indices go straight up and Intel hits new highs. Is it really this bad for this chip company? There is a total news vacuum now on FORM. The only statement has been from an analyst - Acuri from CITI - who has not been particularly accurate on the chip sector btw, especially last summer when he was screaming "buy" - who's saying they might warn.

I know the D-Ram market over the last 3 months has been white hot, and this is the market that FORM primarily sells into. If they can't be profitable in this kind of market, then it's probably ridiculous to consider the stock; but down 30% on fears? It ought to at least be worth a shot from some risk-prone investors. The stock is sitting perfectly on its channel line from the March lows. 50% of the share price is cash and the company has no debt.