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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

01/04/16 at 1:39 PM CST

 

 

READ: 4

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#3267,`01/04/16
By Jam ok

 

Re: OT - INFN

I am really surprised NOK and ALU are holding up so welll amid a painful selloff in the genral markets.  True, it has a lot of fundamental potential in the next 24 months and because of all the potential catalyts it also is IMO undervalued, a stark difference from an otherwise pricey market. However, I am always well aware that no stock is an island.

That said, if the market continues to sell off heavily, it will continue to chip away at the strongly positive near term sentiment toward NOK.  OTOH, the technicals on both NOK and ALU are very bullish, this has had the effect to keep them from losing too much in the past month or so.

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