OCZ Technology (OCZ -13.5%) is crumbling for the second day in a row in the absence of major...


OCZ Technology (OCZ -13.5%) is crumbling for the second day in a row in the absence of major news. Shares have made new multi-year lows, and are down 48% since Sep. 4. Since then, the money-losing solid-state drive maker has issued an ugly warning and seen CEO Ryan Peterson resign. Does someone know something about OCZ's Oct. 10 FQ2 report?
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Comments (2)
  • Stone Fox Capital
    , contributor
    Comments (9937) | Send Message
     
    yeah, the report is actually on the 10th. Hard to imagine a company with no debt getting hammered as if it has cash problems.
    26 Sep 2012, 10:29 AM Reply Like
  • Eric Jhonsa
    , contributor
    Comments (1276) | Send Message
     
    They initially announced it's on the 3rd and it's still being reported as such on some sites, but I see they changed it to the 10th following the CEO resignation. Edited the post.
    26 Sep 2012, 10:33 AM Reply Like
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