OMNIVISION TECHNOLOGY (OVTI) SLUMPS: AAPLE (AAPL) SONY (SNE) EFFECT

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Omnivision (OVTI) reported earnings better than expected, but projections were  a disaster.       Omnivision  sees Q2 EPS 52c-64c  vs. consensus 82c
Omnivision sees Q2 revenue $255M-$275M vs. consensus $306.37M .

There is speculation that lower projections are the result of losing some Apple (AAPL)    camera business to Sony (SNE).

In any case, this dip is a buying opportunity. We bought a  5% tranche at $17.07 in the after market.

We will  be closely following this OTVI  position     in real-time on the Real Time Feed of the ZYX Buy Change Alert

 

zyx  change method http://thearorareport.com/sub Updates are available on this position  in real-time on the Real Time Feed of the ZYX  Short Sell Change Alert. http://www.google.com/finance?q=slgn Updates are available on this position.

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