Fininsar (FNSR) reported better than expected earnings and gave better than expected projections. We are initiating a long position in JDS Uniphase (JDSU) as a sympathy play to Finisar. Our entry in JDS Uniphase is at $12.82. The plan is to add more to JDS Uniphase if it goes down.
Detailed guidance is being provided on the Real Time Feed of the ZYX Buy Change Alert.