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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

03/15/16 at 1:39 PM CDT

 

 

READ: 4

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

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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