Friday, July 22, 2011

Congrats to Brave Buyers of Acme Packet (APKT) in After Hours

I was scratching my head at the treatment of Acme Packet (APKT) last nite - down to the mid $50s on a beat on both top and bottom line.  Anyone who took the plunge and bought in the mid $50s has a nice 15-18% gain in half a session.

The trouble with having the 'guts' to buy that strange action is you are looking around thinking 'what does everyone else know that I am don't.'  In this case - apparently nothing.  Just a massive head fake.

No position

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