News Focus
News Focus
Followers 13
Posts 160
Boards Moderated 0
Alias Born 07/08/2002

Re: guzbug post# 441260

Friday, 12/02/2005 12:09:43 PM

Friday, December 02, 2005 12:09:43 PM

Post# of 704049
I think Greenberg's panning of OVTI is one reason it will move much higher over time, and maybe from here today. There are over 20 million shares short, and maybe more after this gap and Greenberg's panning. OVTI just broke the 52-week high and has a P&F target of $42.50, nearly double the current price:
http://stockcharts.com/def/servlet/SC.pnf?chart=ovti,PLTADANRBO[PA][D20051202][F1!3!!!2!20]&pref...

Regardless what it does today, I think OVTI's a great hold for mugh higher levels given the awesome report and guidance, very cheap valuation, technical breakout, and gigantic short interes.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today