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Re: OT - INFN
INFN has been brutalized, rightly so sadly. Customer
mergers have ravaged this company's prospects. Then there is
the chronic pauses in CapEx, maybe tax reform helps it
statewide. The stock is cheap for a reason, but when the turn
comes it could bolt several bucks, growth could jump back to 25% on
a yearly basis. It is worth keeping an eye on it. A positive
development like CenturyLink/Level 3 renewing orders could be a
catalyst and a place to bet on more gains.
From a technical point of view, the chart is outright FUGLY,
only thing is that it is in oversold territory. Best to wait
for a catalyst.
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