Are you short on this stock or just a long bitching about disappointing performance. If your short tell us why. I'm miffed as to why their hasn't been more shorts on this board. By the way i initially bought 550 shares at 15.625 and 250 more at 14.875 for an average around 15.4. I'm not disappointed! As delkil said, this one could double!
Anyone have any insight into BXH's results and ADIC operations? BXH pre-announced lower then expected revenues and earnings and cited low demand for Fibre Channel productsas the reason. Any guesses as to whether it's industry wide or BXH specific.
Yeah, TRII is a real bummer. However, there was some real dirty pool going on with that one. Hopefully things will work out for the shareholders of that one. I looked into bottom feeding with that one, but they have no cash as of their last 10-Q...
I haven't seen many shorts on the boards for ADIC, so it doesn't look like there is any sort of orchestrated campaign of rumor spreading, like TRII & ACRT.
Carmine & I picked up the same tone from the conference call, which was that the CEO acknowledged declining revs, but did not seem too worried. Increased revenues can pressure this stock higher. II speculates about possible partnerships with SUNW or DELL in its latest update. October gets closer every day and the possibilities flowing from the lifting of SEC restrictions could send this one higher.
Lots more upside potential than downside risk for ADIC, although some patience is required. I am still looking for a double on this.