How low can it go? How low can it go? ok, enough with some obscure teenage contest song. Unless the bottom has completely fallen out, and people stopped using cell phones (hence the towers that NTLS has) then this stock is seriously over sold.
The entire stock market is doing a major correction. With some stocks going to where they probably need to be, others, and I hope NTLS is one of the latter, is bottoming out and will soon rebound.
I'm right there with you. I grabbed a few hundred shares at 12.53 and plan to hold and see. Right now NTLS is extremely beat down due to the prediction by an analyst that Sprint would not renew their contract with NTLS. I think Sprint will renew their contract with NTLS, and once that news hits we will fly. I hope we are within 1% of the bottom, and think we are, but only time will tell. I'll happily collect the dividend in the meantime. Best to you.
If NTLS continue to have its share price in the 12-13 range, the dividend probably will be cut.
The separation NTLS from LMOS hasn't resulted in a higher stock price; just the opposite. I would like to see NTLS return over 20 soon; but will meet stiff challenges.
More than likely NTLS sold withn 3 years; price at low-ball 20s.
Just my 2 cents