Not only does Oclaro seem to be dying a slow death, but this message board is populated by spammers. There were many good posters here i.e. Not Al Davis, mrpev, riverhigh, altrfan, Mr. Chubby. It is a shame how things have turned out.
It's downright ugly with optical stocks now. taking a bloodbath, all quality posters have disappeared. If I had any dry powder, the contrarian in me would say buy!, especially since evidence points to sector recovery.
it may be a mistake but i am back in the game at 1.47.
- the build cycle in is full swing. For instance, CATV is in place with docsis 3 which replaces their existing equipment placed back in 2000 ish. We have rebuild cycle. now. 10 years laters.
this is real, the cycle of these companies is typically boom, bust. We just got finished with the bust, now its time for a boom.
this buisiness is about macro cycles and so investors need to trade accordingly. The last macro boom was early 2011 with the obama bucks which was small in scale and petterd out rapidly. The next macro cycle is legitimate bakced by real companies in need of more bandwidth.
It is a shame, but if you would have listened to NotAlDavis and river they were the ones telling people that Alain's promises of profitability and being a billion dollar company were just words, and at the rate of losses and cash burn it was only a matter of time before this company would be no longer.