JDSU getting hammered

[bigfrank Administrator Find all posts View Profile Close bigfrank]

I just picked up a few more shares at $14.25. It has been down over $2.50 so far to $14.21. It Might come back a bit. I have a sell bid on the shares that I bought at $15.60.

[Pat H Senior Member Find all posts View Profile Close Pat H]

Okay, for the stupid, what is JDSU?

[mshatty Super Moderator Find all posts View Profile Close mshatty]

JDS Uniphase, a company that makes switches for optical fiber.

[Pat H Senior Member Find all posts View Profile Close Pat H]

JDS Uniphase, a company that makes switches for optical fiber.

Thanks, Mike.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Frank, sell, sell, sell. Down over $ 2 today. Cramer says it's Just Don't Sell Us, but you should'a sold sooner. The Market continues to rise to get ready for the big fall in the fall- if it even takes that long.

[bigfrank Administrator Find all posts View Profile Close bigfrank]

WTF was I thinking. I could have sold it and made a Quarter profit rather than losing a Quarter. I hope it is looking for the bottom at $14 and it's up from there.

[m61376 Senior Member Find all posts View Profile Close m61376]

That's a name that makes me cringe...hubbie made the mistake of thinking that was a good investment a few years back (need I say more )?

[bigfrank Administrator Find all posts View Profile Close bigfrank]

That's a name that makes me cringe...hubbie made the mistake of thinking that was a good investment a few years back (need I say more )?

Tell hubbie he was not the only one, Bought it before the 8 to one reverse split at $80 >$40 >$20>$10>$8>2> .80>$1.09>$1.85 after the splilt>$2.25>and now $14.25

[mshatty Super Moderator Find all posts View Profile Close mshatty]

Tell hubbie he was not the only one, Bought it before the 8 to one reverse split at $80 >$40 >$20>$10>$8>2> .80>$1.09>$1.85 after the splilt>$2.25>and now $14.25

With my accrued losses in JDSU, I'll never have to pay any capital gains taxes for the rest of my life. Sell one stock for profit, sell 2 shares of JDSU to offset profits.

[m61376 Senior Member Find all posts View Profile Close m61376]

With my accrued losses in JDSU, I'll never have to pay any capital gains taxes for the rest of my life. Sell one stock for profit, sell 2 shares of JDSU to offset profits.

except ours were in a retirement account, so we don't even have that silver lining . Of course, I can't complain, since I was the one who was sure bn.com would be a good investment . I think we would have done better buying timshares from the developer- now that's a sad commentary!

[mshatty Super Moderator Find all posts View Profile Close mshatty]

except ours were in a retirement account, so we don't even have that silver lining . Of course, I can't complain, since I was the one who was sure bn.com would be a good investment . I think we would have done better buying timshares from the developer- now that's a sad commentary!

[bigfrank Administrator Find all posts View Profile Close bigfrank]

Down again , looks like it is going for a 52 week low. If you facter in the 8 for 1 reverse stock split. This stock is right now at $1.71 which I think is an all time low.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

AVNR looks to be sliding again, but I did sell it last week - shoulda sold it the week before tho.

[bigfrank Administrator Find all posts View Profile Close bigfrank]

Still going down