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Dot Hill Systems Corporation Message Board

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  • becarefulwhatyoupay becarefulwhatyoupay Mar 2, 2011 12:00 PM Flag

    Anything useful?

    Actually, most fast money stock traders like to sell before earnings.
    They don't want to get caught holding a bag. It's been fast trading money that bid this stock up above $2 and some of that bailing is what took the stock down in recent weeks from $3.80 to $3.15.
    The earnings numbers are already out, that was the preannouncement a few weeks back. So the "news" tomorrow
    is whatever Dot Hill management says about new customers and, or, coming 12 months revenues and profit guidance. Here at around $3.15 I expect that depending on management forward guidance, the HILL stock price could go down to $2 or up to $4, either way.

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