Zeev, surprisingly, OVTI has not been performing well, given last week's reports of record strong camera phone sales. There is discussion on Yahoo that this may be because word is getting out that large companies are now making (their own) CMOS image sensors.....ie., Morotola, Samsung, Micron.
FWIW, just before the close nearly one thousand contracts of the OVTI May 25 puts were purchased at the ask.
Something doesn't seem right here. Not wanting to experience another SNDK/LEXR, I sold the few shares I had at a slight loss.
Any thoughts? Think this is valid reason to avoid OVTI now, or, perhaps shorts attempting to drive the price down?