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Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

06/21/16 at 12:06 PM CDT

 

 

READ: 3

RPLY: 0

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RECS:0

Sentiment:

Neutral

INFN's 2 Year chart

Just looked at INFN's 2 Year chart:  The stock has basically filled all the gaps since Oct 14

In FY 14, INFN recorded revemues of $668M, this year it will surpass $1B or some 49% higher, yet the stock price is at the same levels.  One would think that givenn the fact that bandwidth demand will continue to grow and this is a temporary soft patch, some real long term investors should be stepping in soon to pick up these cheap shares.  I also believe that most anyone who wanted to sell would have done so.

This latest decline over the past two days smells like a panic sell, akin to closing the barn doors after all the horses have left.

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