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Author:

Jam ok

Subject:

Off Topic

Date:

01/08/16 at 1:55 PM CST

 

 

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Sentiment:

Neutral

OT - INFN

<p>OT - INFN Seems a bit stupid to try and call a bottom - I'm cognizant of Peter Lynch's dictum - never say 'it can't go higher', never say 'it can't go lower'. I bought 500 sh. of INFN @$16.20, sold Feb covered call stk 17 for $1.30. So, the 'protection' is in to about $14.90. Seems like an absurdly low price, but the way the market is acting, it may well teach me how low is low. Why buy the loser - why not the winner (NOK). I may do that too before too long.</p>

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