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Technology Stocks : All About Sun Microsystems

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From: Arthur Tang3/17/2007 10:30:39 AM
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Next earnings report may be around May 9th, 2007.

Last earnings report was done on February 9th. Prior to the first turn around financial report, market pulled back to $5.6 and short interest was reduced to 34 million shares in January.

The news of Intel partnership started the nice move with volume hitting 110 million shares per day. Nice move to a peak of $6.78. February ended with short interest increased to 38 million shares. But alas, sell on the news of the turn around, pulled back the stock. No news is good news. We are at $6.20.

So, can we expect some inkling of the next earnings report? Rumour has it for 5 cents, but insider maybe expecting perhaps 10 cents. If some volume increased suddenly like end of January; watch out, the insiders may be expecting more than we do? Volume watching is important when the company is holding back on any expectations?
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