May. 13 at 2:43 PM
$CCOI @lukes26 CCOI is not an AI play, it’s a company that used to lease the majority of its network and now owns the garbage network otherwise known as sprint wireline… huge mistake on the Cogent CEOs part getting involved with buying garbage for
$1 and not considering the cap-x required to operate and bring up to speed..
Lukes26 was making the case for cogent in the mid 20’s. I let him know how wrong he was and also that he should wait till the single digits to buy anymore. He blocked me as the price fell from mid 20’s to new generational lows…
He has Heavy bags and will say anything to unload them. He’s bullish cause he hast to be. The fall from mid 20s to the current 15-ish must have been brutal. DONT BE A LUKES26, Cogent is a broken company with very volatile PPS. I still expect it to fall into the single digits..
