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Author:

Jam ok

Subject:

Off Topic

Date:

05/05/17 at 12:36 PM CDT

 

 

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Sentiment:

Neutral

Reply to:

MSG`#4266,`05/05/17
By LongTerm CapGains

 

Re: INFN Earnings

lt cap, 

Haven't done my home work, as the only thing I've checked is INFN's 5% slide today. I expect they messed the bed. $9.50 seems to be downward resistance IIRC, as they've bounced off it a couple times. I keep rooting for the stock to get back to $8.50 where it burned me badly after which it rose (well, okay, I take personal responsibility for having made the wrong choice), but I keep thinking if it gets there, I have to decide whether to buy it back, or whether buying it back is like spending money to buy a hotdog that's been burned and blackened twice. Seriously, when you give a timeline on your best estimate on when they turn this thing around, I listen - I'd think a really nice quarter might send it soaring - how much bad news has not been priced in at this point?

As is everyone, I'm terifically happy that NOK is not only moving, but moving up by significant amounts. I can't see what is driving the momentum, I know that Suri promised to clean house and have the synergies of the Alcatel acquisition start to kick in. Whatever it is, keep it up. 

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