Another thing to be aware of is they were in the Magic 25 this year.
Also, they recently posted better than expected results and went down on heavier volume, the drive industry is in the dumps, the likes of QNTM are down, when the problem childs are SEG, WDC,APM,KMAG,RDRT, etc. This may be the best time to buy, but for a quick turn, just make sure you do your due diligence. Great earnings and the stock is down over 10% since then, sell on the news maybe, but there may be better bargain prices to come.
IMHO,
Ketan |
