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Author: leaderoftheback Three stars, 500 posts CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 140  
Subject: Re: INFN Date: 1/11/2013 8:26 AM
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Sure thing, Duke. I am still less sanguine than you, so it should be no surprise that I have a limit order in for my 3rd at $4.99. Odds diminish that it will fill, but they are certainly not zero odds. It doesn't take much to swing a small stock like this around. Bottom line is that it is very helpful to make buy and sell decisions ahead of time. We can always adjust.

For more on that, you can check out the EBIX board, which has a different background story but equivalent risks and rewards. I have stated there that I believe
a. the company has been unfairly, if not criminally attacked and
b. even though the share price is consolidating around $16+ (at a 9+ P/E with excellent growth)
that odds are 50/50 that it will drop further.

That said, I have decided to take my own advice; my buy limit order is in for $16.25. EBIX touched $16.27 yesterday, so I'm still empty handed. If it drops to 13, I'll buy more; if it doesn't fill at $16.25, I'll probably end up paying over $17...but I will own it again.

Advance attention + due diligence as best we can manage + expectation that truth prevails. This is my current formula.

Thanks to you and all who post on these boards.

-Randy
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