2007-06-20 16:07:01 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing
No.
Technically, it hit resistance today and the 12-26-5 MACD and Stochastic is overbought. The short interest ratio is very high at 18%, which could explain the 10% pop over the last 4 days (prior to 6/20/07).
Fundamentally, the company is late in filing last Q and this Q earnings...
http://www.fulldisclosure.com/company.asp?client=cb&ticker=KOPN
The gallium arsenide semiconductor devices are specialized and unless you know of a new product coming out that could cause the remaining shorts to run to the hills and buy back their shares, I'd stay away from this risky tech stock.
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2007-06-20 16:53:50 · answer #1 · answered by SWH 6 · 1⤊ 0⤋
Why would you want to? It was drifting down until recent days when its direction is a little more decidedly DOWN. What is it doing, going to do, that is going to change the trend? Until you can see a reason for something to be different, why would you think the rest of the market would be interested in paying more for it? I'd say No, for now at least.
2007-06-20 16:19:09 · answer #2 · answered by Rabbit 7 · 0⤊ 0⤋