The price for the most part is a loss to everybody but the freebies and a select few lowballers. Yet there seems to be an endless supply of willing sellers, Until that dries up we are going to sit down here at the bottom or lower.
"The price for the most part is a loss to everybody but the freebies and a select few lowballers. Yet there seems to be an endless supply of willing sellers, Until that dries up..."
FTR's share price is now artificial because of the short position and the program traders -- FTR is in play.
The stock got to its current market position because of poor operating performance and leverage, which have produced a junk rated financial structure that has excessively high operating expenses.
FTR could only produce a net new 23k broadband users last year after spending big time to expand geographic broadband capacity.
The outlook is thus highly speculative because there may not be much FTR can do to turn the ship around.
Forget about musing over abstractions like an "endless supply of sellers" and focus on why anyone would want to buy FTR. If you wouldn't add to FTR right now maybe there are reasons to sell. Since 2012 financial performance was released there seems to be a dearth of buyers which is why the bid has been consistently weak. What will turn this around?