Has anyone considered the fact the analyst downgrading WSTL was trying to tell us something? Maybe they knew something or were disappointed with WSTL's answers.
This stock is on the verge of exploding, up or down. So many people are sitting around waiting for the next great news announcement that any hint (high volume) something is going on, will make them jump in for fear of missing something. The volume the other day means (to me) the small investor and the large ones, with money are in agreement, WSTL is going to be bought out, and are waiting to jump on board. The price as Trey has mentioned is going to be between 25-30 per share. That's assuming WSTL does not hit the street with a flood of bad news! Then the buy out drops to 15, as WSTL will be at (after the flood, i.e. no GTE, no BA everyone hates WSTL) at 10. As for tomorrow the price has to stay above 14. I feel a close below 14 may indicate a short term SELL!!!!! SELL!!! SELL!!! signal. Whereas a nice close, close to 15 on high volume would indicate a solid BUY!!! BUY!!! BUY!!! then hold signal. (although I would not expect it to go higher than 15 1/4, until the channel lines turned up)
The worst thing that could happen in my opinion is Lucent buys ASND. ASND has ADSL tech. That could be a disaster for the buy out camp. (Rumors have been running wild about a ASND buyout by LU)
GOOD LUCK |
