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JDS Uniphase Corporation Message Board

  • rock12077 rock12077 Sep 27, 2006 12:14 PM Flag

    we need more volume!!!

    this light volume trading over the past few days leaves us vulnerable to a steep selloff. Hope we see a 40 or 50 million share up day to confirm a higher move...

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    • Stocks been straight-lining between up 6 and up 7 cents for 1&1/2 hours----big volume days for jdsu are usually over 100 million---I ain't going to get excited if we hit 40mln.

      Think each day as we approach the R/S date we will see an orderly covering by shorts--do not see any panic covering unless we get some blockbuster news that is related to the profit of this quarter, that we are in. PR is not going to do it. Reiteration of previous upgrades will not do it either. Upgrades to strong buy will!

6.81+0.12(+1.79%)2:52 PMEDT