I was hoping for a bigger hit in Ciena this morning so I could buy more and lower my cost basis by 7% or more, had the stock been down double digits, as I would have bought twice as much today as I bought yesterday, which would have brought my total position in Ciena up to about 30% of the total position I expect to own. Instead, the stock is down just about 4% right now at … [Read more...] about I was hoping for a bigger hit in Ciena t…
fnsr
Ciena will likely be down…
Ciena will likely be down 5% or more early tomorrow morning after one of its suppliers, FNSR, just blew up after hours by guiding estimates for next quarter's sales and earnings down big time. I bought 1/10 of how much I'll eventually want to own and will probably by another 1/10 slug tomorrow and perhaps again the next day depending on price. More tomorrow. Good night. … [Read more...] about Ciena will likely be down…