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  • squeezetracker squeezetracker Oct 15, 2012 10:09 AM Flag

    Reversal starts now...

    Yes, but as always, trying to make the longs think they know something the market does not. There are likely at least 3-4 gumpy hedge funds (who thought OCZ and the other wannabes were going to crimp FIOs margins) who beat this stock on the last takedown. We believe those geniuses are still short below $23 and trying to take this back down there to cover.

    They are hosed. We and a few other players will take all they will shove down their own throats below $30 now. As the call will reveal, it is time for the street to get aboard this story for the ride above $35 on the updated outlook (10 days from now) and new highs before the holidays.