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Re: Wells Fargo upgrades
INFN
lt cap,
While you've got your $4k shares in INFN, I'm looking to
accumulate another 1k at the right price. Today's bungie jump may
have provided just that. I'll see how things look tomorrow. It does
remind me of the very large price springs this stock was routine
for. An I infer that you may be in 'early', given that the rollout
of new products and income will occur in 2018.
And Jester is right on in his observation that I am cautious
(perhaps the less kind word is anxious) about going in (I hate
getting burned twice by a stock.) But (it amazes me), we've been
friends for more than 10 years now, I believe. I've dipped my toe
in the water, and I may get in up to my ankles, esp. if it drops
lower. (My 1k was bought in the $930s - lucky timing.) But I can
see that there's no that much downside, unless they can't
manage what their buyers are and when they spend. And Fallon sounds
more bullish than I can ever remember - althought he got it
completely wrong on his bullish projections in the disastrous CC. I
hope learned something about managing poor performance from
that.
Tried to sell CIEN calls for June 16 stk 25, but my computer
wouldn't cooperate. So neutral to up is what I need to benefit from
tomorrow's CC before the bell.
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