Sonus Networks, Inc. (NASDAQ:SONS)
Started by
Costa
, Dec 15 2012 04:37 AM
No replies to this topic
#1
Costa
-
- Traders-Talk User
- 660 posts
Member
Posted 15 December 2012 - 04:37 AM
Still holding its 50-day SMA. The stock is consolidating over that level on very low volume, so watch to see if it can clear resistance. The Accumulation/Distribution line is climbing up again. Over the last 6 months, insiders were net buyers of 8.3M shares, which represents about 3.76% of the company’s float. The bullish insiders should indicate SONS stock is really worth buying.
Costa
AC Investor Blog Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.
AC Investor Blog Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.
