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Author:

Jam ok

Subject:

Earnings

Date:

12/14/18 at 1:32 PM CST

 

 

READ: 4

RPLY: 2

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#4851,`12/14/18
By breinejm

 

Re: CIEN earnngs

Jon, lt,

I'm sorry to hear that the prospects for INFN are so limited. But your logic is pretty impeccable. And it has me considering rather than hiding my head in the sand, to take my lumps here and exit the position. Jon's prior 'hoping' for 15 at 12, 12 at 9, etc. has such a familiar ring to it when I've followed stocks all the way to the bottom. Funny thing is, a year or couple of years ago I really took a bath when I sold 1/2 my position at about $5.10. If I exit here, it's not nearly that big a deal.

That said, I don't know why NOK has been behaving so well lately. I'm hopeful (not based on anything I know) that it won't descend into the mid-$5's again.

On firmer ground, 8 analysts raised their PTs for CIEN today. Kudos to Jon on 8% 2 week trade. The shares I lost were a similar deal, more core is still intact.

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