They cancelled that $19 100 hares, so the question is purely academic. It is interesting that from the Q, only JNPR has breached the December bottoms. The question is are the other four destined to do the same, EMLX and BRCD sure are not showing any sign of breaking their major uptrend yet, QLGC almost and BRCM pretty close.
For those interested in slower, but safer movers, I am putting in a OB of $51.5 on PII, a steady grower, a clean balance sheet, and a commanding position in most of its markets, if I get it it will be added to the core, with a very close stop loss at $49.5. I also sold the TYC here in after hour at $29.67, for another $1.17 profit and have put in a bid for tomorrow morning at (or even tonight) at $27.75.
I have also put in an OB of $41.80 for INVN, who knows, maybe I'll get it
Zeev |
