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OCZ Technology Group AŞ Message Board

  • josh192168 josh192168 Nov 15, 2012 8:04 PM Flag

    Why didn't we get a pop from yesterday's conference?

    The stock price is essentially unchanged for weeks but yesterday's presentation surely told us that near term bankruptcy is off the table, right? I gues the big money still thinks its possible, ehh?

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    • They need get the GD 10Q out!

    • its a show me the money stock now, no money no movement. they got to prove profits, no products is going to move this stock, No big wins, nothing, but profit.

    • I would not think anything until the volume returns. Remember before July 1, 2012 OCZ averaged about 1.2 million shares of trades a day and then the rumor stuff and mis handlings started and then it average around 4.4 million and as we all know many days from 6 to 12 million. Recently its had a very tough time around 750 to 1.1 million. I have noticed volume increasing by about 150,000 this week. That is what I would watch for is a volume spike. Essentially as well you have saturation with the stock with 40 percent short and the rest either holding or trading. I have never seen anything like this stock and everything OCZ does is like walking on egg shells until and then after with all the manipulation in the market place they have to be making friends behind close doors because they lost most of them in that last schrade. I would think volume over 1.5 to 2 million a few days in a row and upside ticks would be the first sign of momentum.