GigOptix (GIG)

[MontanaState83]

I've been in this thing since the Lumera days. Always had a handful of those old shares after the mega RS. GIG started to interest me again last summer when it appeared they were finally starting to turn the corner.

I think long term it's gonna pan out. This short term action seems irrational, but if it drops back to the $1.70 level I won't be surprised. This morning, the market looks poised for a little relief rally. Won't be surprised if GIG is down as it often seems to move in the opposite direction of the market. Guess we'll see.