Replies to post #202342 on ORIONS Money Stocks

[matt24d]

I dont think that today's news was bad news. You will need to listen to the CC before you say bad news is bad news. The Q was not great but already expected for months now. The thing that people were looking at for this Q was LTE guidance and that looked pretty good going into the later half of the year. Plus they said they have some design wins they have not announced yet and some were here in the US. The CEO said we will hear more about that later. Then they expect to see a pick up in their wimax business. They stated that sprint is going to be launching some new wimax phones for boost mobile and one other smaller carrier that will be using wimax. Todays action IMO is shorts trying to shake shares free. Last month their short interest was 1.5 million the highest its been. Then as of 4/13 the short interest was 1.4 million down a bit. This still has a huge short for the 35 million OS.

[AugustaFriends]

SQNS we may see lower than 1.50 that's bad earnings and mainly the GUIDANCE