RF Micro Devices gains as Jim Cramer trumps analysts (RFMD)

Posted in General, pre-market 
June 19th, 2009

It appears that Cramer trumps the analysts. Despite a UBS downgrade on valuation late yesterday that many are seeing for the first time this morning, RF Micro Devices (Nasdaq – RFMD) is up in strong premarket trading as of 9 a.m. this morning, after the¬†company’s CEO appeared on Cramer’s Mad Money last night, citing strong demand for 3G services in China, and more potential efficiencies. At last check, shares were up more than 3%.
 

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