|
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.
|
|