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OmniVision Technologies, Inc. Message Board

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  • lharper919 lharper919 Oct 29, 2003 10:31 AM Flag says short OVTI !!

    I'm not a tech trader subscriber, someone else posted his comments. I will have to say though that I agreed with his analysis- OVTI's technicals were hurting. If not for this good news, ovti was in for a decline. The technicals didn't hint at this news coming, though it might be said that the price was holding up a little better than it should have been. That in itself really wasn't enough basis to be long.
    Like I said, I'll probably move to the long side if I can get a little pullback. Plenty of time before earnings for it to continue moving up. And like someone said, they may even beat the new guidance.
    I've got nothing against this company, and trade both sides, it's just that it was obviously running out of steam. Fortunately for longs, the fire has just been stoked!

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