ACACIA seems unfazed by the sell off over the last week. Just think it could be a slow started. Acacia Communications, Inc. provides high-speed coherent interconnect products. The Company's products include a series of low-power coherent digital signal processor application-specific integrated circuits (DSP ASICs), and silicon photonic integrated circuits (silicon...
Poised to go higher (fundamentals), 87.62 could become the new price floor for acacia
Acacia has pretty good numbers. Solid Revenue bump up in profits in 2015. Not sure why this looks like distribution, however we have seen a lot of stocks go this way, so better safe than sorry. I wouldn't say short this but I certainly won't buy it until I see a solid sign of strength. Although I have to ask, when did the public get a good go at this stock? Looks...