How long do you suppose the Stock Offering of $1m will continue to draw down the share price and more importantly how low will the Share Price go before the $1m gets absorbed into the market? On a good day CRNT trades 1M shares!
looking at the chart is has support at 14,which it tested and bounced from on friday. after that its 13. this stock will not make a definitive move until earnings are released. if they beat and raise expect ibd to pick it up again.
I suppose it's good to get out now before it breaks the $14 support...who knows how long it will take to recover?