CLFD is solid and an absolute steal at this level….
people need to read between the lines….they are testing for Tier 1 and nearly complete…..they have had some bumpiness which means slightly bogged down by the Google issue…..they are expanding the warehouse….which proves the orders are coming and they are prepped.
Backlog has started to pick-up, but has decreased 71% since June '13. Also, there is that 50% drop in share price since Feb '14 to consider plus the last two quarterly earnings misses. No denying CLFD is being walked down. No telling where the bottom is, but what goes down usually comes up with either good earnings/guidance or news. I don't like to sell a stock that I think has potential. This is a case of wait and see.