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Technology Stocks : OmniVision Technologies (OVTI) -- Ignore unavailable to you. Want to Upgrade?


To: Taro who wrote (843)12/9/2004 10:09:34 AM
From: Taro  Read Replies (1) | Respond to of 2273
 
More from Yahoo on same subject:

Re: It is a well-organized attack
by: ndprops (40/M)
Long-Term Sentiment: Strong Buy 12/09/04 09:59 am
Msg: 128920 of 128936

Baloney. This is a semi sector problem and OVTI is cuaght in it. Unless OVTI does something to move the stock, don't hold your breath, we are gonna get sucked down with the market. OVTI never defends it stockholders or stock value.

Posted as a reply to: Msg 128911 by neighbor_x



To: Taro who wrote (843)12/10/2004 1:51:11 PM
From: Elroy  Read Replies (1) | Respond to 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!