Yep, what az5speedy said.
I’m very much a believer, too. I took advantage of the recent price plunge to add to my position.
Forgive me, but I simply can’t resist going over a bit o’ history. Some may recall that I expressed concern about insider selling right about this time last year (post #8864). I had established a nice position at prices from $14-$15. As I noted in my post, the heavy insider selling troubled me. I sold my entire position over the course of May-June, 2015 at prices ranging from $20-$22/share. Lotsa folks thought I was being dumb. Turns out the insider selling foretold future price declines.
I began buying back shares in January through March at prices ranging from $14.88 to $12.24 (insiders were buying at that time, too). I’m back to a full position.
Infinera has been good to me. I believe the company has a bright future.
The moral of this story? It’s not to brag. Heck, I’ve made lotsa mistakes over the course of my investing career. But I learned a few things, too. If I can impart a smidge of wisdom (particularly to new investors) it would be this: ENTRY/EXIT POINTS MATTER! It’s that old “buy low/sell high” dictum so often repeated, so often ignored.