Friday, September 02, 2011

The pushy caller said "Buy OVTI"

The other night I answered the phone and it was a cold call from a broker. Their firm's analysts were convinced OmniVision Technologies stock was price was going to vault through the roof the next day after they released their earnings. Wanted to sell me as many share as I wanted immediately with only a $100 commission. I listened to his pitch, jotted down the ticker symbol (OVTI) and then told him no thanks when he wanted to FedEx all the paperwork to me.

I ran across the ticker today and here is what happened after their earnings:




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