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OCZ Technology Group Inc Message Board

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  • xtradersdotnet xtradersdotnet Sep 19, 2012 1:46 PM Flag

    Where is the jump from buyout speculation?

    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.

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    • 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.

      Sentiment: Hold

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