Alliance Fiber Optic Products Inc. (AFOP)

[PennyWorld]

I'm in at 16 per shr so I'm in the green zone. I generally diversify myself out so I'm not at too much risk with any one position. But I've been sticking my neck out on this one.

A spike like this without fundamental news always makes me suspicious. Insider trading, institutional trading, etc. We'll see if a PR is issued over the next couple of days.

EPS out on 2/3 after the bell. Zacks rating is a "buy" at #2. Not a strong buy (#1) but not a hold or sell either.

Trading volume today was heavy at 1.4M vs 502K 21 day average volume. Something is up IMO. Only the insiders know for sure.