with the recent developments, do you think that even a worse than expected earnings announcement might have less impact?I'm a bit concerned about the idea of going into next week holding this thing.
What is the downside risk---not that much in comparison with the upside.
Just remember: EVERY other company is RBCNs sector fell BIG after earnings, i.e. CREE, VECO, AIXG, etc. That said, how much RBCN will drop is the only other question?
Earnings is about PAST performance. The news out of china and the big move yesterday in CREE and VECO are clearly good news and might very well overshadow any negative news from earnings.