Sorry about your short position... 32 mill in cash flow generated on a $3 stock tells me you better start covering. If they are positioned for the eventual increase in telco spending and can have this qtr with spending flat, I am thrilled being on the long side. Your shorting created the frenzy that created a buying opportunity in the low 3's and appreciate your pessimism.
Exactly. he's just short fom the incease that we saw in short positioning in the past 3 weeks or so. Time to cover girls. Lean and efficient for the time telco starts spending for the next 4g, etc. products.