SNIC is the one to watch now - apparently it must be showing well at the NAB Conference in Las Vegas, giving credibility to product announcements. Did you get on board, and if so, at what point?
As for WIND, something is going on in the stock price and volume that I can’t put my finger on. First it seemed to me that volume was drying up, forming a base above $30, suggestive of a small run up to the $35 - $36 range before the H&Q show, then some more settling based on "buy on rumor, sell on news", then another major advance starting when the quarter is announced (assuming I am correct and it is favorable).
However, each day recently the volume is extremely small, then bang! Lot’s of volume but no price movement, or perhaps even slightly negative price movement. My guess is a venture capitalist is exiting the stock in order to go on to other things, or perhaps a fund is exiting. Whatever, I admit it doesn’t look good for the short term.
Notice that INTS isn’t displaying any strength either (albeit not as weak as WIND), and MWAR is having a disappointing welcoming to the public stock arena. Maybe embedded systems stocks just aren’t being noticed now.
Allen, |
