Been thinking about it,could be some short players locking in their profits while they are still there.Looking at the techs this is way oversold and will bounce from here......I hope.
THAT is what is causing the jump today.INFN is also on the move,hopefully this news is the beginning of a positive run for others in the sector.
Started out positive today but it's about to go negative again this afternoon,same old,same old,no interest in this sector for now.
You keep talking about acquiring JDSU's spin off,where are you getting that info or is it just your opinion?
I was thinking the same as you.Rawls and co. sure muddled the support with that downbeat CC!
The market got their muddle and could care less about fitting those floors...Until the bottom line improves this is dead money for another Qtr.
So at least someone thinks there is some upside :)
I'm surprised at the drop,the CC was n't that bad.If you listen to the call they did hint to increased business.
Just listened to it and the last analyst came right out and asked why so "muddled".Jerry finally woke up and answered with some optimism and the call ended.That crew sure could use some happy pills.
Yes overall news pertaining to sector is positive....MM's manipulating maybe?
4 PM it will all be revealed so keep our fingers crossed!
Well this is not the roll that we want.One thing for sure if there is good news coming it has n't leaked.
There seems to be some positive things happening,,,some good moves in others in the sector....look at AFOP!
I don't know why but I sure like this move today,I have n't seen any news but something is going on!
I have no idea if they could or want to buy either as it's been very quiet at Finny lately.It's so quiet that the market has forgot the company judging from the LOW volume.
Maybe things will pick up the middle of June?