May. 11 at 12:07 PM
$CEVA finally a premarket gap with actual news attached, Q1 print and a Bluetooth design win dropping in the same hour, and the stock is already up 109% on the month sitting on 52w highs. only 53k shares traded so far at basically nothing vs avg vol, so this is the appetizer not the meal. ask is stacked 5x which usually tells me the move wants to fade before the real bid shows up. hot take, this opens green but gives back half the gap by lunch once the chip-AI tourists realize they're buying a
$1.2B name already up 90% YTD. who's actually adding up here vs waiting for the pullback?
