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Re: CIEN earnngs
I bit the bullet and no longer hold any INFN. What was once the
highlight of my trading ability became my biggest downfall. I do
not think I fell in love with it so much as I thought its prospects
just couldn't have changed so drastically. I think I was up ~150k
at one point and lost about 110k on it in last 12 months. Sucks at
levels I cannot even come to bear, but also feels good to be out
from under it hoping at 12 it gets backto 15, at 9 it gets to 12,
and at 6 it gets to 9, and at 4 it gets to anything higher,
etc. I thought as 5G rolls out it would have to renbound
some, but now I don't think it can secure any big wins in this
enviroment with subpar tech and any smaller wins will be won by
undercutting at a cost such that I cannot see it getting through 5G
with any certainity uinless their R&D comes up with something
different. And how likely is that at this point?
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