Anyone care to speculate?
Because 8% of nothing is nothing.
Because market participants have witnessed them being unprofitable for sooo long that, they figure, eventually, they've got to be able to make at least a penny profit (that is, $0.00).
Actually, I think it's this news of 100Gb modules and 5G / LTE expansion in late 2013 / 2014 that could be fueling this.
That was supposed to say GT sign $0.00 . don't know why a GT ( ) sign got removed from the msg
Covering their short position.
if it can break 1.45 and hold it they may have a chance to get around $2.