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.
|
|