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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

02/17/16 at 8:36 AM CST

 

 

READ: 4

RPLY: 2

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#3432,`02/16/16
By Jam ok

 

Re: OT - networking

INFN has had wild swings.  I bought more in AH after the earnings were released, the company had a good quarter, it continues to grow 20%+ yet the market dropped its price down to the $12 level in AH, I bought more around $12.25, it was a gift, frankly.  

Re the market, I tend to think this rally lasts a couple of weeks, it needed a bounce, even if technical.  Fundamentally speaking, there are already stocks at very decent valuations, INFN and CSCO just to mention two.  However, I also believe this is not done trying to bottom, it could head lower.  Where? Maybe 1700s??

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