actually I was quite wrong on this one - stock managed to stage a very strong performance today on the heels of positive analyst commentary. This time the stock finally seems to overcome it's usual anemic trading patterns and perhaps most of the constant oversupply that persisted so far has been absorbed now. While the stock is still difficult to read I would now rather favour the long side based on the strong post earnings performance today. Picked up some shares today for follow-through buying on Monday (hopefully).
Yes stock is so weak it is only up 14% in 2 days and up 50% in 1 month. I guess not all of us can pick stocks that go up 30% in 2 days and 100% in a 1 month like you. We'll just have to settle for our measly gains.