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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

04/27/16 at 10:44 AM CDT

 

 

READ: 5

RPLY: 1

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Sentiment:

Neutral

Reply to:

MSG`#3609,`04/27/16
By breinejm

 

Re: Reminder: INFN earnings after close

If decent to good earnings are in the cards, I think INFN has room to $18 over the next 3 to 6 months, "if" the market does not fall apart.  Long term,, still a bright future. Which, speaking of the market, I have noticed that there is rotation out of high multiple stocks to lagging sectors, specially Energy and Financials.  Unfortunately Tech is among the sectors where there is rotation out.

I am hopeful that both INFN and NOK have already discounted the fears over the past 3 to 5 months and those fears turn out to be mostly unfounded, hence it is more than priced in and we see a relief rally as a result.

On the other hand, one thing that has been bugging me is that INFN has been putting out more PRs than usual, hope it is not trying to prop the shares and they fail to deliver tonight.

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