High five's to the true believers who have accumulated at the .50-.80 range that made a killing today! But, boy am I dazed and confused....the earnings call was another typical version of the past 2-3 quarters. So what's up with the price and the volume? Either I am missing something or I didn't get the e-mail. For ANY company's stock to more than double in 5 trading days usually takes some major event. Another $30 M quarter, marginal earnings and $12.7 m cash on hand normally doesn't qualify as new of substance. But heh, you lucky boys and girls take the money and run - better to be lucky than good sometimes.
Need to look at the third quarter...you are missing something. Remember...Gates started in in garage...not that Zhone is Microsoft...but..well, maybe they have sales pending...maybe the insiders know something we don't...but this is extremely unusual...and when it happens...somebody knows something good is about to happen.
All this talk about reverse splits etc is bs. Could something have happened more than the earnings reports...and that is ____________ connect the dots.
Yeh, I understand your point... but this is a company that's been around since 2003 and has never 'broken out' even in the mode of Occam and calix who started long after them. I know there's a story behind the curtain here because it is hard to believe $+ M shares would trade in 1 day (with an ave. over 2 years of under 100k just because folks are "feeling good" about Q3. And Alakuma doesn't have the money for 4m shares anyway, LOL.