The funds that have owned Ciena for the year have lost 50% and are now trying to force the stock higher for Year-end accounting.Sell while this scam is underway cause Ciena is 4-6 quarters away from break-even. Do the math... 4-6 quarters of losses when tangible book value is, righ now, less than $1.00.This is a penny stock being played with by the foolish, or the quick and nimble.
Even it is penny stock, if the stock price is rising, why sell? shorts crying. 3.10 close today. :)
Whatever Dumbass, fact of the matter is you have been dead wrong and will, I'm sure, continue to be so. To whine about your losses and chalk them up to year end accounting scams is both pathetic and humorous.
<<fact of the matter is you have been dead wrong and will>>The "fact" of the matter?You wouldn't recognise a "fact" if one bit you on the nose.The stock is down from $151 to $3. It continues to lose money and will continue for the next two years and that makes me "dead wrong". You're a joke, stupid, and a fool.