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Author:

Jam ok

Subject:

Off Topic

Date:

11/13/17 at 3:04 PM CST

 

 

READ: 4

RPLY: 1

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Sentiment:

Neutral

OT - INFN insider buy

OT - INFN - CEO Fallon bought 100k shares, sending the stock up almost 8% (Now, just another 18% needed to get back to the price before the CC :-)

Which of course is good news. Although I do remember a quarter, probably a couple of years ago, when insiders were buying around $12, the quarter turned out to be a disaster,

and the stock price fell well below $10. Still, one cannot complain about anything that supports the stock price. Does not Suri have similar deep pockets? I *think* NOK was talking about buying back shares, but when the CEO puts his own money on the line....well, one can dream, yes?

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