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Author:

Jam ok

Subject:

Off Topic

Date:

03/31/16 at 1:10 PM CDT

 

 

READ: 4

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Sentiment:

Neutral

OT - INFN

OT- INFN

Just so you know: INFN has set it's earning date as April 27th. Time to check whether there's an outsized options premium for June.  If there isn't comment until then, I will probably listen to the CC, as this may be the toughest earnings report for him to navigate.

Not terribly important, but I've noticed that of late NOK's ups and downs have been of greater magnitude/frequency than when one could expect - formerly, was perhaps 7 cents or so between high and low for the day, or less. In the last couple of days it seems it slumped to the $5.70's, shot above $6, and is at $5.91 now, having lost 11 cents. I don't ascribe any meaning to this, as I see no correlation with news. Perhaps it's just joining the club of optical networking stocks' large betas. Makes it kind of difficult to tell when it's 'on sale'.

Interesting to own a stock where the movement of several pennies makes or breaks your day.

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