The stock is doing pretty well this morning, up 2.5% in the first half hour of trade, are we going to turn the corner on this one?

A bit early for that, admin, this stock has a tendency to be rather volatile, both during the day and during the week, but I guess it is still helpful we're above $40 again. Next week will be crucial.

Here the self-updating graph, 15min delayed:

Stabilizing?? This could develop into a giant short-squeeze..

Not sure how likely that is though, the shorts seem to have a good handle on information, at the minimum about the demand situation from Amazon, but perhaps beyond that or even from within Applied Opto itself.

It could be worthwhile to look at the options market to look for clues, as we don't have visibility on recent short positions.

For instance there were 1000 and 1500 Nov 17 calls with strikes $60 and $65 traded today, but these went for pennies, it's hardly indicative and that's about it what we could spot in terms of large trades.

I think it's safe to say the stock finally stabilized.

Yes, looks like it, we're waiting for the CC transcript, apparently there was quite a bit about Amazon in there but they keep on winning new customers and expanding 100G business.

Yes, we already know from Lumentum and Oclaro that there is a bit of a slowdown in the datacenter demand and this comes on top of the Amazon problem, so I guess that's the reason for the soft guidance, even without access to the CC.

The shorts predicted other losses (FB for instance), I was always fairly sure that was complete BS and now this is demonstrated, which is why the price is up.