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Author:

Jam ok

Subject:

Off Topic

Date:

05/31/17 at 3:15 PM CDT

 

 

READ: 4

RPLY: 1

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Sentiment:

Neutral

Reply to:

MSG`#4316,`05/26/17
By LongTerm CapGains

 

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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