IMO the only reason to hang on to this stock without the founder as CEO is hope that they forced him out so they can sell the company. Usually the founder is the stubborn mule who wont sell and wants to grow his "baby". This looks more like a dead cat bounce. Thoughts?
how about this, when they FIRED ryan they should of said the company is for sale? you do know this is the first time a company wants to be sold but never stated they are for sale?
if you think everyone is looking to buy a failing SSD company you are nuts! that is the last thing they looking for! however if they were wanting to be sold then you might attract some bargain hunters, of course you will never get what you all seem to think it is worth.
i dont belive there will be any jump, to many people have cried wolf. I think you will wake up one day and BAM buyout and the stock is up. I think this is one of those things you cannot forcast before hand. 2 months ago yes and i wish i would have but not now. It will be normal trading then that HALT comes and next thing ya know OCZ is bought out.
JMHO and i think the only way to trade this is keep some long shares on hand and buy OTM calls for specuation.
I don't think any more rumors will move the stock unless they come from something a good deal more reputable than previous rumors. e.g. If the WSJ or Barron's reported that STX or whatever was going to buy OCZ, sure, it could jump big, but more bloggers like Theo, Fudo, or the guy from Israel with the WDC 700m bid don't have enough credibility right now. Boy who cried wolf and all that.