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OT - INFN
OT - INFN - I followed Jon and exited the stock today. The logic
of 'decreasing hopes' for PTs was compelling, and when I saw the
low today was around $3.82, I decided to take my lumps at $3.99.
And the fact that I felt I might've made a mistake some time ago
selling 1/2 at $5.09 (when they had their first really big
stumble), which now looks like a good trade. My bets are on NOK and
CIEN, in that order of the holdings. I had thought that I might
(like Jon) hang onto my CIEN calls that expy this Friday @33, given
that yesterday it dipped below that, but it's a big winner today so
far, over $34, and despite the volatility, I doubt we'll see $33
before Friday. But the turbulance is so great, who knows.
So, I've got a little knit bracelet I wear that has "WWJD" on
it. Which, of course, stands for "What Would Jon Do?"
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