OCZ continues to swing wildly

|About: OCZ Technology Group Inc (OCZ)|By:, SA News Editor

After dropping 58% on Monday and Tuesday in the absence of any major news, OCZ (OCZ +21.7%) has rallied 69% over the last two days. Altogether, shares remain down 29% from their Friday close, and 42% from where they traded before OCZ's Oct. 15 FQ2 report, within which the SSD vendor disclosed it ended its August quarter with only $10.6M in cash.

This morning, OCZ unveiled its Vector 150 PC SSD line. The company asserts its use of 19nm NAND flash chips and its home-grown Barefoot 3 controller IC yields superior performance relative to prior-gen drives; reviews are generally positive. However, OCZ has carried out similar product launches in the past without seeing its shares move sharply afterwards

PC Perspectives offers a positive review for the Vector 150 line, and generally praises their performance. The Tech Report also likes what it sees, but is hesitant to recommend the products after "watching negative user reviews stack up for two generations of Barefoot drives."

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