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QLogic Corp. Message Board

  • borisbadenoffthe3rd borisbadenoffthe3rd Dec 3, 2012 12:40 PM Flag

    Let's see if $8.63 holds as LOD

    ...before commiting to a Long position, since it may be driven lower in the next 2-3 days. I'm thinking it's best to wait for the volume to shrink after this downgrade "NOISE" is absorbed. I wouldn't be surprised to see it want to test the $8.50 mark during the next day or so. It's a coin flip right now, but GS knows how to hammer share prices. It's their business, but they're not as agile as the individual is. Right now seems to be a waiting game for best entry. JMO.

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QLGC
11.73-0.01(-0.09%)Nov 26 4:00 PMEST

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