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Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

08/08/17 at 6:48 AM CDT

 

 

READ: 5

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#4408,`08/07/17
By Jam ok

 

Re: INFN Earnings

Jamok,

The company will do exceedingly well, unfortunately not this year.  However, the stock has been punished beyond reason, more so considering the great prospects starting in 2018.  Regardless, the market is what it is.

The stock is in oversold territory, it should bounce towards the high 9s or low 10s, from these deeply oversold levels. With the new products, I would not be surprised if the shares reach the mid teens before end of 2018

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