Why the shakeouts ? No news its very oversold right now along with all the telco players , FNSR / CIEN we should see a pop up going into the next earnings report $14.50 by the end of next week ???? Any ideas ????
Lets hope for a blow out earnings report , About 4 weeks away or so this thing went down way too many days , Any ideas on my post would be greatly appreciated
WOW I can not believe this JDSU move , Very puzzling hedge loaded on the MAY13 PUT OPTIONS , they made monyt already and they still dragging this thing down , Let loose already MR. HEDGE MAN
GUYS next earnings report is a month away , We might dip below $13 because of EURO crisis are among us again, Pullback is very possible here with all the gains we have had in the market , I guess AT&T would anounce any telco spending news and this baby will move higher towards earnings , Any input on my point of view . BTW definetly oversold conditions here and $15.50 is in sight he next 2 weeks.
Sentiment: Strong Buy
Why the big pullback on JDSU , Im very puzzled they did report good earnings and they beat both on top and the buttom line . Any input on this ?????
Ok guys , big hedge funds bought a ton of PUTS options on this baby 11000 contracts to be exact , they made their money and now they will buy a ton of CALLS options and we go higher on all telco players , JDSU/FNSR/CIEN
Pullback for stocks is healthy , Should see a run up next week with the CYPRUS drama over with , S&P did not make its high for the year yet once we close that and go beyond then you will see the major pull back , Any ideas guys .
Just like last week , someone will get burned with all the PUTS buying , Mark my word and you cant chase a falling knife
FYI , Short sellers just love this stock , Not sure why but as soon as the S&P goes for the new high the next couple of weeks the shorts will get slaughtered and JDSU will make its new high for the year at around $18.80,