OmniVision Technologies (OVTI) Message Board

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Technology Stocks : OmniVision Technologies (OVTI)

OVTI 29.38

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4:00 PM EST

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To: Taro who wrote (843)	12/10/2004 1:51:11 PM
From: Elroy	Read Replies (1) of 2273

Rocker who shorted the stock last time and is still shorting it. That’s why we have 18+M short position. That's his loss and our benefit. The intra quarter swings can be whatever they are, and a stupid article can cause a 2% loss on a given day, but if OVTI delivers revenue growth in January and more revenue growth in April, the share price is going up, not down. That's the advantage of being long term investor, I can just hold until the share price corresponds to the fundamentals. The short, on the other hand, has to fight the fundamentals, which isn't easy with OVTI (as far as I can tell). You'd think he could find a stock to short OTHER than an industry leader in a rapidly growing industry!

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