Ok, It's my first day in this
Could you show me why a split announcement will cause a
stock to rise by 20-30 points?
By the way, if
you think each and every stock should go up by 20-30
points after a split announcement, then go to
and take a good look.
if you have not seen this before, you may take a
scroll down to the Long-term capital gain part.
idea is: You only pay 10% if you hold for more than 1
year. Otherwise you pay 20%.
What kind of question did you just ask--"What
will a split make to you real stock value?" How long
have you been in the market? Surely you are savy
enough to know what effect a stock split announcement
has on the stock price. Didn't you see BRCD, IMNX and
all the others who announced a split trade
after-hours? All were up 20-30 points. CIEN will be down 10
tomorrow due to no announcement. GET REAL!!!
I bought at 30 3/4 and added on the correction to
45. It's all been posted before. I didn't want to
sell but not having other fiber stocks that I own
participate in this last run, I put in a limit order after it
backed off 21 and change. Didn't think it would fill as
the stock was at 116 with about 20 minutes to go.
MM's took it up to 120 1/8 with about 15,000 shares
and snagged it and then backed off at close. Look at
time and sales for yesterday and you will see blocks
of 120. Tomorrow is option day so I look for a
sell-off. See if I can snag some tomorrow. The tax never
has bothered me cause if I'm paying taxes, I'm making
money. Personally, I didn't think earnings were that
ps- Remember, pigs get slaughtered in
If you got in at 60, tell us what's the major
difference it make by selling at 110 or 120? Think about it
in percentage, and also seriously consider the
income tax you are going to pay.
Tonight I saw so
many whiners on the board. What's the big deal?
because of no split announcement. What will a split make
to your real stock value? At the moment, only
difference is: simply change the formula.
(# of shares) *
120 = 2 * (# of shares) * 120/2
thing is the Earning met the expectation, actually a
little bit above. And CIEN got a big customer as they
If you think you will be able to get back in at 90,
you maybe have to wait for the rest of your life(if
my estimation is right).
LONGs, hold strong. CIEN is the way to go.
not see CIEN veterans tonight. Where are you, guys?
come up and say something to whiners. show them fact,
cheer them up !
made this run alone as MRVC and MFNX did not
follow. These stocks had stayed together for awhile as
the whole sector has been bullish. But going alone, I
figured it was just an earnings run.
"Metro DWDM is very real," says Robertson
Stephens senior analyst Paul Silverstein. "It�s not a
of whether it will be big, but when. Once this
market takes off, it will reinforce the demand for
switching, and Ciena has one of the leading
solutions in that market."
Great article......... "Ciena, no longer a
recovery story." "Ciena is a growth story". That means
Target $150-$200. Looks good to me.
Analysts like it. It looks
like this will be a great quarter. CIEN always pulls
back after earnings and then begins moving up toward
analysts target again. This is nothing new and all the
long time shareholders here know this.
you're right in that CIEN and other valued stocks
pul back as profit-taking sets into play following
But you know what usually
tends to happen is the stock stabilizes and begins to
move up as analyst firms now revise estimates and
place where necessary upgrades and targets
To the CIEN faithful.. keep watching... a overly
bullish move like what CIEN has encountered the past two
weeks should not faze you. Rather it should give you
lots of hope and for those who got it near the teens..
lots of spending dough!!