It's getting interesting here. Seems like the increased volatility of this issue is showing the bottom may be in on the SUNW ticker. The spread on these in recent days was within .10, and although a larger spread is now showing, the ask is being nibbled on regularly. Given the SUNW ticker recently had an almost 100% increase in the institutional holdings POST Q316 ER, and now we're seeing some increased activity here, along with the institutional holdings of this issue as well, I'm wondering if this increased activity could be the indicator I think it is. Time will tell.
I might be forced to do a little more averaging down here short term. If the FY16 ER for SUNW puts a bottom in that chart, there's a strong probability that these will never be this cheap again.
