GigOptix (GIG)

[$oldier Hard]

GIG, like many others has been beaten up. Now you can understand why I am trading it, rather than investing in it. Investing will probably be a good idea at the right time but a $3.25 target that you have for now is not attainable imo, just to much resistance. This might consolidate for some time prior to making a move.

There seems to be serious pressure on it for now like others out there. I'll look to get back in when the time is right.

Like I said earlier, you have your style and I mine. There are many good companies getting pounded right now. This one is at some point an investment, but for now a trade.