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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

12/09/15 at 1:06 PM CST

 

 

READ: 4

RPLY: 0

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Sentiment:

Neutral

OT - ALU

OT - ALU - Although there is weakness in the sector at large (CIEN, INFN down ~2%+), ALU is nipping at a 4% loss. If all my orders fill, I'll have increased my holdings by about  15% @$3.81 - $3.83. Yesterday I would've been all over these prices. And I am today - no discernable news I can see, altho the short-term trend for ALU has certainly been downward of late. Perhaps there is more to go.

Tomorrow CIEN reports. I think their report will impact the whole sector, for better or worse, given that there hasn't been any news driver for some time.

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