<p>OT - INFN</p> <p>It seems we are back to the dislocated puzzlement between INFN and CIEN. (Sorry, I've not read the whole board, I've been away for a bit.)  We know CIEN crapped out badly in their earnings. (I can't get a clear picture of how long they're in the dog house - for the year they guided down? Was it bad enough to kill owning this stock? I'd think not the latter given the secular trend, but the report was dismal, at least for some time)  </p> <p>The analyst's I've seen: One downgraded it to 'perform', and the rest kept their 'outperform' or equiv. rating, but brought down their PT by a couple of bucks. Could be the story is still intact, or it's typical analyst behavior of taking a stock down in increments, so as not to appear completely clueless. (I don't think it's this dire, I'm just doing a little chicken little here.)</p> <p>However, afterr the initial ~15% plunge of CIEN, it's INFN that's getting beaten up a good deal more this week than CIEN is. And MKM partners just put INFN as it's 'best pick' for 2016. How very strange - except we've seen this kind of dislocation before. I'm tempted to consider picking up more INFN here, which will make me a bit top heavy. But months ago I was glad to buy @$18.60 when it plunged there, so why am I hesitating to add here, except for creating a bigger position than I'm quite comfortable with? The most likely logical explanation is that it's guilt by association - but INFN has no extant bad news associated with it. Only more so, as they're beating up INFN worse than CIEN. Damn good puzzle - if I were to bet, I'd bet that INFN's CC will be just fine. But I thought that about CIEN, so I'm just a bit gun shy.</p> <p>While I'm at it - thanks to Jester for recommending seeing 'The Wolf of Wall Street' - I hadn't seen it - hilarious - a must see.</p> <p> </p> <p> </p> <p> </p> <p> </p>