Andy, It looks like GLW has been consolodating for a few days while SDLI and JDSU, are having their day.|
I think we are getting ready for this stock to rocket going into April earnings. There is just so much potential.
The increase in authorized shares is a sure sign of a stock split 2 for 1 OR 3 for 1 and this type of news does drive these stocks. The vote to increase authorized shares is April 27 and they can announce a split anytime leading up to earnings. I would think they will try to boost their stock as much as possible so that stock price is utilized as currency to the fullest extent. They know how JDSU did it.