CRNT at number one on IBD 100

Quote from NY_HOOD:

not making any trades after hours but its damn tempting here at 15.75. it could break to 17 on monday. number one on IBD is big.

Almost as big as being number 2!
 
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.
 
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