Yes. I am extremely bullish on this. Just be patient. The big driver will be any signal on fed spending. Most networking/telecom stocks depend heavily on federal spending. September being end of FY for the US gov, I expect funding to start coming in in Oct. My CIEN/FNSR have been doing well after a long/patient wait. So will RVBD.
Coal is what I am accumulating going into fall/winter.
I've said this many times. There is SO MUCH untapped value in this stock, I don't think a lot of people understand this. But smart money has been accumulating this stock for the past six months. Latest Fidelity 13F filing is proof of that. They have almost doubled their holding. That's huge. As more filings come in you will see others adding to their positions as well. This is not a day trading stock. This is a long term value stock. If you want to day trade, god play with solars or coal stocks.
I see this shooting past $25 in no time. That would be my first target. Than $32. And as OPNET starts adding value to its bottomline, and RVBD starts paying off the debt (which will be not a problem at all given its nice free cash flow) this will skyrocket. You've got to give the management some time to realize the full potential of the acquisition. They know what they are doing.
Good Luck Y'all!
Dude, go check the sale schedule for the past year or so. Jerry has been selling twice a month. Not unusual for someone whose comp is in the form of options.
Then again, I didn't expect your pea brain to understand this. Go back to your asylum!
Nope. Today's up volume says reversal has already begun at 10 AM today. Should rally strong starting Monday. Check out the weekly MACD. It's above the signal line and close zero. It could jump above zero very sone.
And has been range bound ($15-$17) for more than six months. Management needs to step in here and get some momentum going. CIEN/FNSR/JDSU and even ARUN are all up from their lows. Some of them are making 52 week highs. And yet RVBD is trading at its lows and not get any sector momentum. But, I know that OPNT integration will start paying off very soon. And RVBD should zoom up FAST!