Opnext, Inc. (NASDAQ:OPXT)

fiber optics play

Undervalued at 52 week low

Nelsons consensus pick

Early bullish signals daily chart: price bar over 20 simple and 13 exponential moving averages with Friday somewhat-reliable, did you catch that? Somewhat-Reliable volume accumulation/spread analysis signals intraday progressing to successively higher time frames, to 4-hour chart and early daily chart potentially bullish signals (Heikin trend change alert and early stochastics up arrows from oversold position plus moving average positions stated first). OPXT already hit my 4-hour price target from bullish signals thursday and 4-hour charts show possible throwback down price may be forthcoming while the daily chart could go either way with the longstanding directionless narrow range. No advice rendered seek a proefssional for professional advice. I am a charting hobbyist.

Covestor Model Manager William Smith bought OPXT in his Price Volatility Volume Covestor Model ( http://covestor.com/William-Smith )

Improving financials and better earnings growth relative to S & P

Great earnings potential, like the sector. Technicals look good.

optical network

I like a risk, but there doesn't seem that much downside; either they will take off, or they will be acquired by a larger firm, like Cisco. Either way, it's all good.

I am just going to paste my email:

"The company that I was talking about http://www.google.com/finance?q=NASDAQ:FNSR, just sold most of its assets and has had a huge run. They are moving forward focusing on what to me are "black box" photo-electric transmitter modules. I seem to have been way behind the times (2007/08) which is how it always is for me with technology. The technology is old, yet not at all ubiquitous -- the best time in my opinion.

Anyway, the new small-cap player, who is losing a lot of money (even in cash flows) is http://www.google.com/finance?q=opxt. OPXT basically does the same thing that FNSR does now, but with a worse, though not altogether bad, cash position, and 1/10 the market capitalization.
http://www.fool.com/investing/general/2010/08/25/open-your-eyes-to-optical-networking.aspx?source=itxsitmot0000001&lidx=5

OPXT has no insider purchases but insiders hold 50% vs. 6% for FNSR.

Good hunting"

Based on analyst failed run, I said this is the value play. Farming the street for coins.

This stock has to much competition and will underperform.

Galleon forced to sell.

Financials improving world wide.

I have followed Opnext for some time now, not digging too deep into it. I finally have had the time to look into the company thoroughly and came away very impressed. Here is what i have found:

#1. Their valuations aren't pretty to the eyes. Their numbers are mostly unattractive except for their nice cash position with little debt (which is huge).

#2. Its about the business. Being a good investor is about prognostication, looking into the future to see what industries and what companies within those industries are best positioned to make above average returns going into the future. OPXT is a perfect example of this. They make optical technologies for various networks. yes, the INTERNET is still BIG business, and it will be bigger as we continue our push for everything wireless. Your 3G IPhone is nice, now imagine it at 10G!!! This is what Opnext does, they are positioned for a fast growing boom of wireless networks.

#3. They are the best at what they do, and are getting better. No one else in their industry of high speed optical storage or transmission has the technology or quality of product that OPXT has, they are best positioned now, and on into the future.

#4. Outperform, long time frame (3-7 yrs), count on it!

TheBank

I Think this is the bottom bounce. Fair P/E

The market for high speed fiber optics should continue to grow, solid financial stats. High ratio of All-star Outperforms. Good time to pick up this penny stock for long term growth. Adds diversity to a sector that I only have a few other stocks in.

Its NEW JOYSEE!

Great price for such company