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Finisar Corp. Message Board

  • joebo246 joebo246 Mar 17, 2011 5:17 PM Flag

    Sold out at 22.40

    in at 25 and out at 22.40... tried to catch a falling knife and I got cut.....

    I'm not sitting around watching this turd go any lower.... glad I got out at 22.40... it just trading terribly... rallies a little and goes lower to set new daily lows...every day same thing....

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    • Had a trade I should have canceled on a buy stop at 22.95 hit this am at open of 23.39, had a second limit at 22 it hit 22.70 avg. Down a bit but I think it is at a bottom, but what do I know. I think 20 may be the absolute after todays action, but another up day we may see 25. GLTA

      • 1 Reply to mdblucky
      • This thing rallied huge yesterday up almost 2 dollars when good news came out that Japan would help with inventory issues. If the market hadn't fallen 260 points it would have done even better, it was strong all day. Today it was set to make another run but SANM had to come out with 1 sentence saying there was a short term pull back in optics even though their company has is in a completely different industry. They single handily took down the entire sector almost 3%. This is not FNSR's issue, it will rebound when people dissect the news.

 
FNSR
18.66+0.07(+0.38%)2:18 PMEDT

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