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Author:

Jam ok

Subject:

Off Topic

Date:

02/08/16 at 2:19 PM CST

 

 

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OT - INFN

Sorry if this is already commened on -  bad day for me to be short on time - but INFN down ~9% - story seems to be clarifying some officer's relaionship with different....companies? Divisons? How the hell does that translate into a boggling price drop, after it's already been beaten with a bicycle chain?

Don't know about that news Jamok, but it seems in this market any news from a company, no matter what that news is, is akin to sticking their head above the parapet to be shot off.


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Author:

Jester Debunker

Subject:

Off Topic

Sentiment:

Neutral

Date:

02/08/16 at 3:25 PM CST

Jester,

Yes, and as far as I could track down that INFN news story, that presumably sent it plunging 9% or so - it is a 'government oversight' board created by INFN to work more closely with the US govt. in being a supplier of services to them. Now, maybe I've got that wrong, or maybe you've got that right - the words 'government oversight' might've sent some poor analyst to lean too close to his flat-panel monitor, which made his pacemaker go awry and  he started reeling around the room babbling something about 'government investigation! sell! sell!' and strange gurgling sounds with foam coming out his nostrils - and they took him seriously. Yeah, you may have it - it's that kind of market.


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Author:

Jam ok

Subject:

Off Topic

Sentiment:

Neutral

Date:

02/08/16 at 11:15 PM CST

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