just me X #$%$^ head..
I mean jar head...
Pas never said anything derogatorily towards you..
He's a gentlemen unlike me..
I call a spade a spade
a jar a #$%$^
That is a very good sign..
Stock almost saw $7 last week but came down a little which was disappointing but the painfully low volume made me believe the drop was temporary. Strong close yesterday good sign too.
Now we're seeing an attack on $7 again and I think this time we'll get it especially since the move is once again on low volume. If and when she picks up volume you'll see a fifty cent rise easy.
If you read my post you would see that I wrote;
$19 pre all this nonsense..
That means before the one company split into 2.
At one point JDSU was trying to see $16 pre split up..
$19 pre split equates to viav getting to approx. $10 not including lite.
she's looking real good pas... repeated low volume on up days are a great trend.. soon will wake up with volume and she'll have a good spike.. I see over to mid $7 next week when that happens.. then who knows, probably settles back down some would make sense..have a good weekend old jdsu friend whom will hopefully soon see that $19 pre all this nonsense..lol
On days when either viav or lite have been down, the volume has been low.
On days when either the two stocks have been up the volume has been high.
This and of course the fact that both have held steady and or went up on down market days all good trading signs to me that higher prices will be made. It is still troubling though that Viav can't get out of the $6.70 range. I'd like to see it breakout over $7.
Disclosure I'm long Viav again, in at $6.55 range this past Tuesday.. Tight loss stop at $6.25..
Good Luck to all..
Doing well pas.. hope u too..
My investments have been good so far..
I'm taking a big gamble on a small almost penny stock..
Check it out maybe buy a few shares for some chance..
its symbol is APWC.. Looking like it can run..will see..
Good job w via today. If she sees upper 6's looking like she wants to find $7 I'll jump in again on the long side.
Right now I don't see a buying opportunity since I feel it can go either way but if strength continues i'll jump in. I don't mind leaving a dollar on the table if it looks like it can surpass $9
Lite is trading well.. congrats.. but still a ways of from its high at around 27 so it's still pretty much a loser but on track assuring it doesn't give all away one day on low volume
Viav not so much. Still at or near it's $6 bounce off of low price point and where it loses traction and spins its wheels. Also Viav has been going up less than the overall market does on up days.. i.e. only up 1.5% today but nasdaq up 2.25 %.
Either way it is better than it was in January I agree.
Just let's hope it's not a jdsu head fake???
I agree the overall market stinks and the two stocks are fairing well considering... BUT! They are not fairing well based on the decent earnings regardless of the #$%$ market conditions. They should have popped and stayed up higher while Lite gave back it's earnings pop and viav barely off low... I once again repeat that I won't be surprised if the lows are retested and highs not reached. Good luck and hope I'm wrong and longs do well.
One decent earnings report won't make a stock double. Especially these two. No-one is buying this story. JDSU is a dead stock and no one wants their new names. Those days are gone. Viav or Lite will are not easy money and carry no guarantees if for a second anyone thought they did well they're wrong.. Both took a minimal bounce off lows and are now stalled. very unimpressive.. I don't see any immediate silver lining or expect a large raise in share price. Don't be surprised if both test their recent lows and also don't be surprised when both do not come close to their recent highs either. My opinion is both are not worth buying and if they become a good investment it will be minimal and marginal at that..
I've seen this movie before. JDSU goes into earnings quite and at its 52 week low. Earnings are announced and they are full of excuses and promises for a better future but not until 5 more quarters and then only maybe. Then the stock sells off 20% that night and next day never to recover again until next earnings when it repeats and continues downward. No action, no news, no good.. As we sit pre split at under around $1 a share same as the stock price was 15 years ago,. Not a good investment at any point including I'm afraid even now. But I do wish you luck Just please don't buy more in an attempt to average down.
Hope it goes well for you old friend.
I don't like a stock going into earnings at a 52 week (no less a 16 year low) but it is what it is and can't be undone now. So maybe just maybe this is the bottom. One has to at some time arrive unless of course the attainable zero occurs. Let's hope that isn't the course and this is the end of lower highs, lower lows and a beginning of higher highs and higher lows.. It's my wish and hope this happens, BUT! I don't invest on wishes nor hopes. I suspect you don't either that it just turned out this way over time. Well now is a pivotal point.. JDSU doesn't have more time for excuses. If they mess up this stock is going down man.. big time to $3.. Soros won't hang around. It's 1 percent of his portfolio while Sandell has already bailed on half their interest. Big loser for them last year..
The management, stock, company and sector have all sucked for the 15 past years.. Maybe it's time for them to blow ?