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Riverbed Technology, Inc. Message Board

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  • traderpro007 traderpro007 Apr 12, 2011 11:22 PM Flag

    Why early announcement?

    They will drop this at open....Dont have any position currently but i always watch RVBD

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    • I don't think so. It's dropped $8 this month already and I think that has been due to other companies lackluster results and guidance. RVBD dropped more cuz it was up a lot over the last few months. It had more room to fall.

      I think RVBD became a big liquidation and short for hedgies and now that it held up with good numbers, I think they'll buy it again and go find another sector to pounce on. My two cents. Should hold at $35 and start a base for some upward bias after the upgrades post earning release.

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