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Alliance Fiber Optic Products Inc. Message Board

  • hageneriksson hageneriksson Apr 24, 2014 6:06 PM Flag

    shorted in after hours on less than stellar guidance and much higher capex next quarter

    Analysts unhappy on the call given that Q2 typically is a pretty strong quarter but the company is essentially guiding for flat revenues qoq based on the fact that the company experienced some early ordering in Q1.

    Additionally capex next quarter will triple to around $2 mln weighing on margins. Given the parabolic rise in the share price since the pre-announcement I would expect the shares to take a HUGE dive tomorrow and shares to more down to the $15-16 range.

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20.07-0.35(-1.71%)Jul 31 4:00 PMEDT