yes, but that was the day when there panic. Remember most investors sell first and ask questions later..I also believe what was dumped that day was absorbed by Merill and Goldman clients..I have been looking at the tape all day and i did not see anything other than very small trades coming from frustrated and fearful investors questioning why the stock is down on an up day..let's not forget why the stock was hammered in the first place and that was a downgrade based on earnings concerns. Nothng has happended since then other than the fact the both Merrill and Goldman came out defending the stock. I believe we're in a waiting phase until the company can signal directly/indirectly about this quarter..Since tquarter is backend loaded, sometimes it comes down to 1-2 deals that can put you on top or put you under and the company may not know that yet. I have more faith in Merrill & Goldman than Janney. Remember, even Janney said there is a chance VNWK can make or exceed their number..Goldman said even if they miss, that is already priced in the stock..and last, even if there is a shortfall it's temporary as it has nothing to do with business outlook and more to do with integration of the companies.
unfortunately it will take a while. It's hard to be patient when you see RMBS, JDSU, INTC, SDLI and others flying high on a great day for the Nasdaq like today. But patience is required this time because a lot of people have gotten hurt and will no longer stick around. Also, unfortunately, the big firms do not care very much about this stock since it is so small compared to their other holdings and frankly can't be bothered to spend much time on it. It doesn't mean VNWK is not a great company, but it's not an Intel, Microsoft, or Qualcomm in size.