I am shocked that this thing went up despite horrible guidance and earnings?.
What are the reasons why this went up ..?
Some who were shorting at $35 to $38 probably closed out their position plus one of the firm's major shareholders bought stock to off set the impact of a weak report. IMHO, there was nothing in the report that supported the upside move.
An excellent short - take advantage of the opportunity
Sentiment: Strong Sell
I am always looking for a good short.
It needs to be overvalued and have a shaky financial situation.
VECO doesnt qualify on either count. Too much cash in the bank for me to short this one.
too easy to get burned when LED hit that inflection point.