You parents must have done alot of that 'Dr Spock' type stuff to you when you were a baby. DUH!
I am really waiting for $11/pps before I even touch this thing. We will see some kind of market correction soon . Market can not just go up like this for ever.
do you really believe that - or are you just frustrated with the price action?
Today's trades are being colored with quarter end - many funds are dumping optical sector as they don't want to show holdings in stocks down 20% YTD.
Another factor is EXFO - it dragged down JDSU and that in turn affects FNSR.
The sell-off is on low volume and not a cause for concern by itself.
I do think the stock may revisit 12 but I do believe 2nd half will be better.
I was stopped at 13.35 and I am now on the sidelines - no need to deploy capital with such negative sentiment. Will wait for RSI to indicate over-sold.
good point. I also think that qtr end have something to do with it. I would like to see $14 to be sure we are moving in the right direction!