Windstream Corporation (WIN) Message Board
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Looks like the scared money has run out
If I was shorting this stock id be getting out fast..
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I was concerned that Cramer spoke negatively about WIN on a recent show. Said it was "a very bad quarter." While I don't think he is right all the time, he certainly is one of the major "experts" on CNBC. It just depends on whether you think that the next quarter will be better with all the layoffs coming and cost cuts. I've got a sell order in on this one at $9.75, but not sure it it will get there soon. Will be happy to take a small loss, as well as having reaped some nice dividends these past two years.
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Interesting article regarding WIN. Stay the coarse, this stock will pop.
http://www.trefis.com/stock/cnsl/articles/126449/two-high-yield-picks-poised-to-pop-in-the-second-half-of-2012/2012-06-13 -
It is getting mighty squeezy, isn't it
- 1 Reply to njschlub
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I just sold at 9.52. I think the stock proved resilient over the past two weeks amid the global chaos and I liked the insider buying but I just have too much doubt about the telecom industry and WIN's ability to continue that now very hefty dividend. Not to say the stock won't go higher and be fine but there's other places where I feel more comfortable putting the funds.
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