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Rap Sheet

Author:

Jam ok

Subject:

Off Topic

Date:

10/26/15 at 1:05 PM CDT

 

 

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OT - CIEN

OT - CIEN - Anybody have a line on why CIEN is up 4.5% (while INFN and ALU are somewhat- whipping boys) today? Maybe I'm unlucky - but I can find absolutely no news on the reason. Thanks.

CIEN has been all over the place since June when it was above 25. Tough to know what moves it on any given day.  I too can't find any news on it.  Still, over the long term CIEN should rise.  With regards to NOK/ALU, it is a bit of sell on the news (getting all the approvals), and the fact that ERIC crapped the bed, it is the "Guilt by Association" syndrome.  Again, NOK (once merger is completed) over the long term should do quite well.  Patience will be required.  However, I view a miss this quarter (if it happens and if it drives the share price lower) as a long term buying op.


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Author:

LongTerm CapGains

Subject:

Off Topic

Sentiment:

Neutral

Date:

10/26/15 at 2:12 PM CDT

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