CC and results were so so and in line with analyst. Surprised there is not more discussion regarding the CC. Guess it is because results were flat, no big positives or negatives. Thus, I expect flat opening and FTR stays between 3.80 and 4.50 for next 3 months. Oh, well.... just keep dripping.
This was a great day for shorts to cover. IMO we will see a climb into the divvy. After listening to the cc I felt that they did a good job. I think it's safe to say that FTR is a lot like a big melting iceberg. We all know telecom faces challenges. The question is how long we can sustain. We might all be surprised. FTR has been around for quite a while. Additionally I strongly feel that the steps taken last year will/could ultimately put FTR In a far better position than many of its peers. Only time will tell.