The bank's shares are trading higher today on its third-quarter results that came in much better than expected.
This morning, the company raised its revenue and earnings outlook for its fiscal fourth quarter.
During a painful week in the markets, we used some of our cash hoard to add shares to two of our model portfolio names.
The stock's technical perspective looks grim, but we believe it is oversold on misplaced negative investor sentiment.
Allot's competitor Procera is struggling.
We have made the conscious decision to do nothing.
The company reported solid third-quarter earnings today. Also, we have determined this is not a good time to add any new names.
We continue to use the overall market weakness to build this new position into a full-size holding.
When interpreting behavioral patterns on a chart, use history and experience to draw meaningful conclusions.
As the markets continued to slide this week, we added a new name to the model portfolio and built up one other position.