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Recommendations: 0
Have to agree with you, Duke. It's risk off right now. I think, as far as INFN is concerned, that now is not the time to buy or sell INFN. Since it fell through it's old bottom today, nobody knows where it will stop. It might be $3. It'll stop somewhere, go back up some, probably revisit that new low, then recover (if it's going to). There is no reason to worry about the company. They have plenty of cash and no debt.
Patience, my friends. Let's stalk this one.
On an unrelated note, Duke, somewhere in my posts is the story of my ATVI. I believe I bought a thousand shares at 40 cents (about twenty years ago). Good buy and hold story, huh? After the last 2:1 split, I now own two (yeah 2) shares...not thousand...just two (2). That's what reverse splits will do for you. But I'm hangin' on to those two. Where you gonna get such a great lesson for three hundred eighty bucks?
-Randy
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