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OVTI, time to buy?
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OVTI, time to buy?# Stock
k*f
1
rt
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z*f
2
I shorted OVTI as soon as firms started to file fraud class action against
it. It was down about 20% since then. I am lucky that they lowered 2012Q2
revenue outlook.
I had my shorts covered and bought more at ~$13.10 yesterday.
It is a very unpredictable stock, but
1). it has already come down too much.
2).there will be a short squeeze with about 7m short outstanding.
3). The company has a lot cash and is buying back which will cause more
short squeeze (arguable).
4). It makes good products and can sell.
I will buy dips ($13 sounds good) and sell rallies on this one.
I would appreciate a baozi or two for my inputs. Thx.

【在 k********f 的大作中提到】
: rt
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a*s
3
这个股票很邪恶的。青蛙都不要碰比较好。

【在 z*f 的大作中提到】
: I shorted OVTI as soon as firms started to file fraud class action against
: it. It was down about 20% since then. I am lucky that they lowered 2012Q2
: revenue outlook.
: I had my shorts covered and bought more at ~$13.10 yesterday.
: It is a very unpredictable stock, but
: 1). it has already come down too much.
: 2).there will be a short squeeze with about 7m short outstanding.
: 3). The company has a lot cash and is buying back which will cause more
: short squeeze (arguable).
: 4). It makes good products and can sell.

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l*t
4
吃过大亏在这个破烂户上,不敢上
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z*f
5
As I said, it is a very unpredicatable stock.
Buy dips and sell rallies. $13 is now a dip for me.
Turnaround fast. Don't bet and hold a position for too long.

【在 l*****t 的大作中提到】
: 吃过大亏在这个破烂户上,不敢上
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