I could be wrong but usually when the company comes out with news stories every couple days that states what show their at and the conferences they attend and nothing solid, they usually end up taking a hit. That's been my experience in the past but still good luck to the rest of ya, I may regret it but all I got is my gut and it tells me something's up, I guess we will see what happens! Good Luck
Go with your gut. However, this is only a $1.24 stock. If you own shares of $OCZ you are basing this investment on them turning things around under new mgmt going into a new direction, and in lue of their horrible financial situation, a buyout would soon happen.
Im curious, what was your reasoning for initiating a position in $OCZ? What part of the reasoning (besides your gut) told you to sell and cut losses?
As I said I sold out because it seems they are making news stories out of nothing they have come out with two stories in the last few days, first saying they are in the running for finalist and secondly they posted a tech conference they are to attend, with all the big problems being pushed off (for now at least) it makes me nervous. I can dal with risk but after being in the market so long when news stories are being created and it doesn't effect the price and the stories don't deal with real issues. I think we are going down from here.
I bought a few days ago at 1.28 I broke even just thought it was being cheer leaded just an opinion I don't know where it will go! But I have seen this before and it hasn't worked when I was just observing some stocks. But so far my guts been right. Doing well but either way Im out so I wish the best to all.