I want to add more color to
my decision to sell CIEN
First, it was a trade, so if it went agaisnt me, I was OK with
taking a loss. I made good money with INFN, but would not be
OK if CIEN kept on eating my profits from the INFN trade.
Also, I bought it on the premise that the sell off was
overdone, it might still be but I today's near 5% drop made me
doubt if there are sellers still left in the stock. That
said, for all I know it bounces hard here, if so, so be it.
Once I lose conviction I do not look back, there are always
other fish in the sea, so tospeak.
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