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Author:

Jam ok

Subject:

Off Topic

Date:

06/01/17 at 11:51 AM CDT

 

 

READ: 4

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Sentiment:

Neutral

Reply to:

MSG`#4321,`05/31/17
By LongTerm CapGains

 

Re: Wells Fargo upgrades INFN

lt cap,

This is a response to a number of recent messages by you:

1. thanks for the exposition of the rationale to own INFN, esp. in terms of the timing of their products.

2. You dropped your previous limit of shares by buying another 1k. Why didn't I do that? Because I was thinking that I bough my 1k shars at $9.37, and after the bounce down, was hoping it might hit $9.50. But it has been almost a constance 'bounce up, bouce down for several days. I shold've know it would be on the 'bounce up' from yesterday's $9.70's prices. Maybe the opportunity will come again....but not likely because

3. CIEN came in with a strong beat and raised guidance. Yay! Whole sector on fire today - all boats lifted, CIEN is now in the black on my account. My NOK loss has been lessened considerably over the last month or so,, etc. The sector really needed some kind of good news, some sign that the sector spending was finally not as lean as has been the signs for a long time now. As I look at CIEN's price move, I'm seeing a 15% rise, unless my brokerage has it wrong. Astounding.

4. I own some PANW, and I'm a cople points of breaking even with their meteoric rise today. Talk abot volatiity! It touched the sky at $200, missed numbers and guidance and were 'massaging' their results, an the analysts took them below $110 not that long ago. I'm embarassed to admit I had no idea that there even was a CC coming up. If you don't own PANW, but came up with that news, I'm abashed.

5. Just maybe the sector may start/continue to see some relief and rise, if capex spending continues to deliver good results. All boats should rise, as they are doing based on today's news. Sector is en fuego! The NOK rise is especially welcomed - couple more 'chugs up' and we're in clover, after a cold and extended 'wait' period.

6. Jester has successfully done his trademark  short term 'buy and sell' on INFN. Kudos, yes. Glad my abandoning my usual stance of 'caution.' was a 'buy' signal, lol Glad I could be of service, :-)

 

 

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