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Stocks I / Infinera Corp.


Subject:  Re: INFN Date:  1/11/2013  4:28 PM
Author:  Dukenewkirk Number:  119 of 181

Yeah Randy, we're of similar mind on EBIX as well. It's my second largest RB position at 5%, behind INFN's 6%, thanks to a trading position I may never sell as it's now up 36% over two months, with a business looking more potentially stable with each new customer signed.

I started over $20 with EBIX, but thanks to the shorts, a couple of good sized trading positions have my cost basis down around $16 now. (Mine are all registered accounts so no options) Sure I've heard the where there's smoke there's fire arguments, but I also subscribe to the belief that when there's smoke sporadically and at convenient times for shorts, yet repeatedly without any flames, it's far more likely what you're witnessing are just special effects;)

I personally believe we'll see $24 and up but not $13. Thirteen will require an actual flame, or a truly special article. I've got to believe that the naivety of the market must have limits, particularly if it pays attention to when these articles are released. One day we've got to reap the benefits of a big squeeze Seeking Alpha can't stop.

Duke, onwards and upwards.
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