Dane you do realize OCZ closed the OEM deal months ago, and we were told to expect more details in the coming months, right? Go listen to the cc.
Dane, to borrow your phrase; I forgot this part... Higher highs and higher lows as the upward trajectory goes, you did notice that .55 is higher than .39 right? See you at a buck soon!
I'm just following the lines on the chart and it looks like we are heading for .81 again soon, so yes it will likely be higher than .72 again at some point today. This is also yesterday's high, so if the MM is actually trying to continue the upward trajectory which seems likely, then it will close at or near .75 today. JMHO.
I'm not the one playing games dude, you sold and then declared that it was heading lower because that is the direction you thought it would go. I am holding because I think you are dead wrong. It actually seems like you think any of this influences the price action, it does not. No games here my friend, long and strong.
Did you see the MACD crossover from yesterday? No, didn't think so. Keep on saying how it's going to go the way you think its going to go after you made your trade, it doesn't work like that.
You ok Dane? I told you to come back in a few hours, not minutes.
hahahacreek you are hahahafunny... who cares it doesn't mean squat, silly rabbit. No, really it doesn't since the process to delist takes at least 6 months.
That wasn't the peak, that was a hiccup. Come back in a few hours.
You short VMEM? When will you cover? Just curious, I'm not sure if 2.99 is the bottom. These types of massive drops tend to be followed by an even lower drop due to margin calls in the following days.
When do the short circuit breakers kick in? I think I'm staying away today, watching for a bottom to form before buying VMEM again. Meanwhile... GO OCZ!
I read your article Ashraf, I thought there were a lot of valid points.
I believe they are burning through cash in order to grow, and despite missing some analysts figures they still managed to grow at a pretty aggressive rate. Don Basile was CEO of FIO man, he isn't thinking small.
I listened to the cc last night and they said they postponed deals due to the government shutdown. Considering that they are very popular with the CIA, I'd say this is probably accurate. Once Congress passes a real budget, Violin could have a huge spike in revenue as long as they still have the best SSD array money can buy.
Their products are high margin, more importantly they have the potential to become game changers. They reinvented how redundancy (RAID) is handled for NAND, giving them an edge in performance and scalability. I think they created something special.
You are a respected technology writer not some schmuck who writes off the cuff. Go watch all of the videos they have on their investor site, you will see how they are not the same as the other SSD players.
With the right sales team they could rapidly increase sales, but they are just starting to hire the people to drive this. It's only been a few months since they got the cash from the IPO.
Top I'm licking my lips not my wounds. I don't need your TA advice by the way, I told everyone here the bottom was about to drop from under OCZ when it was trading at 1.25, and bought and sold for gains twice since it dropped. As of today I broke even on my investment on paper but with more than double the number of shares. If OCZ goes above a buck I'm looking at nearly a double.