INVN

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Bit of a strong move vrom $16 to $21 in less than a week. Some profit taking seems to be in order as the stock isn't cheap. What is behind the move though?

InvenSense, Inc. (INVN), the leading provider of MotionTracking™ sensor system on chip (SoC) and Sounddevices, will showcase the company’s latest ‘AlwaysOn’ innovations for smartphones, tablets, wearables, and consumer electronics at the CES 2014 tradeshow. InvenSense’s ‘AlwaysOn’ solutions sense the environment and communicate motion and audio as a means for interacting with the Internet of Things (IoT). InvenSense will preview these technologies in booth #31407 of South Hall 3 at the 2014 International Consumer Electronics Show in Las Vegas, Nevada from January 7-10, 2014.

InvenSense Showcases Innovative ‘AlwaysOn’ Sensor Solutions at CES 2014 - Yahoo Finance

InvenSense jumps; Northland sees wearables, OIS, CES as catalysts Dec 30 2013, 11:20 Northland's Tom Sepenzis is reiterating an Outperform and $20 PT on InvenSense (INVN +11.8%), while predicting wearable computing growth, rising Samsung penetration, CES and Mobile World Congress news flow, and the growing inclusion of optical image stabilization (OIS) within smartphones will act as 2014 catalysts.Like Piper's Gus Richard, Sepenzis highlights InvenSense's strong gyroscope design win activity at Samsung (a 30%+ customer). He also observes wearable devices such as smartwatches and heads-up displays often incorporate multiple MEMS motion sensors, and considers InvenSense to be "in the best position" to secure these design wins.InvenSense has already obtained design wins for Samsung's Galaxy Gear smartwatch and the first version of Google Glass. But compared with high-volume smartphones and tablets, unit shipments for both products have been limited thus far. Glass' commercial launch is expected in early 2014.Short-covering is probably contributing to today's big gains. 35% of the float was shorted as of Dec. 13.

InvenSense Inc (INVN): InvenSense jumps;