Finisar (FNSR) Misses and Guides Lower

Post Market Events of note: Slow night overall with the exception of Finisar (FNSR), good trade-ability and trend.

Finisar Corp. (FNSR): Misses on EPS and guides lower. Reports q3 eps 9 cents vs .23 c. Thick trade able, on the radar for tonight and tomorrow pre market, guarding for any-list action. Trades off in the post market on solid volume, compresing lows at 18.51 at 4:18pm est.

Petsmart (PETM): Beat on EPS and trades higher on light un-tradeable volume.

(GEF) Misses on EPS and Revs.

Intra Day on VVUS:

Vivus Adds More Than 4% After Cowen & Co Says FDA OK of WeightLoss Drug Could Make Shares Worth $40 EachFeb 29 at 12:08Profile hits: NONE

Last Night on VVUS:

VIVUS (VVUS): Announces Proposed Public Offering of Common Stock Feb 28 at 16:378,500,000 shares of its common stock pursuant to an effective shelf registration statement in an underwritten public offering. VIVUS also intends to grant the underwriters a 30-day option to purchase up to an aggregate of 1,275,000 additional share

By Tim Kelleher

Disclosures: No relevant positions

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