Austin Craig
Deep Value, special situations, contrarian, event-driven

OCZ: The Financial Walking Dead

OCZ Technology (NASDAQ:OCZ) has one hope and only one hope -- sell the company (something we have been preaching since October of 2012). If they cannot accomplish this, the odds of the company surviving (even with today's infusion of cash) are slim-to-none given its current organizational size and burn rate.

In this article, we are going to explore several issues affecting OCZ to include: The NAND excuse, finances, the power supply division, today's dilution, and of course, how to profit from all of this.

Same Excuses

While OCZ is anything but trustworthy, we can trust in the company blaming a NAND memory shortage over and over. Per the July 15th 8-K:

"The sequential decrease in revenue was...
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