They are in black-out period so is
I short lock-ups all the time, most recently ACRU,
MCSW, CTCH today - and everybody I collaborate with
decided against shorting this one.
Indeed, if the
5% dip had anything to do with it, I doubt as 19-21
is the 'gyration range'- lockups which work, ie
involve dumping almost always tank 10-15%. This did not.
No surprise, I am long and staying long. DTLK is one
which runs up towards earnings.
take a look at action on a couple others before
their earnings, ISPD and FFIV.
I now predict
that DTLK will be trading at $27 before close on Feb
ISPD has some striking similarities:
dipped below 50-day avg,
2. next day both dipped
again below an established bottom resistance $19 for
DtLK, $17 on ISPD - most action happened in afternoon
where they each dropped $1 dollar, then for a very
brief time dropped $2s and quickly bounced back up
3. The close on both was approx. 33% of all time
what ensued - ISPD which saw $15 briefly, never saw
that again, and following day managed to recover to
$17s - ISPD then proceeded on a very steady uptrend
until Thurs before earnings closed at prior all time
high, ie. up 50% from $16 close.
What is the
game, well I got disgusted and dumped the ISPD at $16.
Another poster today admitted he dumped that day when he
It may be that MMs really do try to
shake people out, as I know it works - they just push
the price to get holders disgusted, though I doubt
this works with those not watching!
at 25 times 1999 earnings. I have no fear whatsoever
that this can crash, so of course did not sell. I
suspect the nervous folks here could care less about the
ISPD was a much more difficult
hold as it loses money.
FFIV, a very good
stock, with earnings, also one day about 2 weeks in
advance dipped into 80s, closing about $90. Only had that
chance once. Over course of next two weeks it ran to
$130s, ummm, a 50% run-up from that low
I have put 90% into SCMR for the 3-1 split and
earnings run, and only 9% in DTLK, but if I were not
loaded, I wish I could load up on Monday morning! - I am
only expecting a 50% run on SCMR by Feb 17 anyway.
DtLK may not prove this pattern, but how can it go
down much more and stay down, seriously? If not a 50%
run-up, hitting the cyclical $21 is so likely the next
couple weeks it isn't funny. That in itself is a 16% 2
week gain - which is quite good as far as I am
I right now envy anybody with free cash to take
advantage of this possibility ...
BRUT is an independent market maker who
represents order flow no matter where it comes from.
Insiders, institutions, and other large block holders use
them to work the order without showing their hand.
What appears to be happening is a battle of the
analysts. Kinnard has been on the bid, while Needham has
been on the ask. Interestingly Needham has the low
estimate of 15 cents while Kinnard has an estimate of 17
cents. Normally this kind of action has little effect on
the price but low float complicates things.
am still nervous. Stocks with good earnings usually
hint by going UP not down in the weeks
Best o luck
I'd appreciate the info-glad to hear your seeing
only the one seller, but I'd like to see for myself if
I can-Thanks and still long too-even thinking about
doubling down at these ridiculous prices-What the hell!!!
I hope that is the reason for the
Geez, we've fallen almost as much as STK
percentage-wise. They have bounced up a little today and we're
It's not like we sell STK
only. STK's problems are STK's. Did other storage
companies get whacked?
Having a good PR/IR
department would be nice at times like this. One day last
month, Lucent warned after the bell. Lucent was down
big, but so were a lot of other companies especially
its competitors (like Nortel and Cisco). Cisco
quickly put a end to that nonsense with a "no change in
guidance" statement. The street realized the Lucent's
problems were Lucent's and not the industry's. Not only
did Cisco reverse the after hours losses by opening
at the previous close, they were up like 3 to 5
points (I forget exactly) that day.
DTLK and still trying to be patient waiting for the
day The Street properly values DTLK.
According to Level II, for the past 3 days, BRUT
has consistantly been on the ask side with 1000
shares. The number never changes, and the ask keeps
moving down when buyers dry up. It appears that 1
shareholder is doing all of the selling. We know it is not
insiders becasue of the lockup and blackout periods.
Anyone know who BRUT is? I think that once this seller
cashes out, we are staged for a strong rebound due to
the upcoming earnings announcement. If there were any
worry that earnings were down, given how late they are
reporting, we would have received a warning from the
company. Therefore, I believe that we will easily beat
projections, particularly given the deal with Brocade.