AMBA on Drones

AMBA has been beat up pretty bad and this stock is a growth stock with a PE in the 20s that is good and the earnings are great. I nibbled a bit on leaps for Jan 17, spread is high 1.30 for the Jan 70 calls but over time could do well. The projection takes it much higher than BE for Jan 17, lets hope the market helps here and the FED does not screw it up...use caution. I have a 40% and 20% risk alert on