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MetroPCS Communications, Inc. Message Board

  • i_pick_loser_stocks i_pick_loser_stocks Oct 16, 2009 10:38 AM Flag

    PCS is like walmart, every day low price!!

    like most other stocks reaching new highs daily, pcs reaches new all time lows daily!!!!

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    • Just take note that PCS has historically been a volatile stock especially during earnings/news releases (minimum volatility is at least 50% for a 20-day window dating back to 2007) so it can easily climb back up. 50% volatility translates to +/- $3.50. I seriously think this stock will not go down much further.

      Be careful when shorting this stock. Short percent of float is around 10%, making this a prime candidate for a squeeze. The money to be made shorting this stock, IMHO, is done.

      Brokerages and banks buy low and sell high. They buy when retail investors become fearful and sell at the peak.

 

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