has been shorted to it's low. If I were holding a short position, I would be attempting to cover as we speak.
New government contract, dividend already has been announced for this quarter. Listening to the bloggers about the dividend is hilarious!
I hate to admit but there is one point that Debra and I agree. It's ridiculous to try to discern some major move based on some short term price fluctuation. Look at the S&P report on this stock. It's normal price range goes from a low of around $6.00 to a high of around $14 or $15. Any movement within those ranges is just he normal ebb and flow of the market. Don't concern yourself. WIN is the type of stock where you build a base at the low end and the range, collect the dividend, and wait for the upper end of that range. However, this strategy is based on a gradual improvement of WIN'S cash flow through 2013.
I get so tired of reading all the posts that say cover now, this is going up. WHEN? When is it going up? My god, every week some moron comes on here and posts how this is going up but it never does. Sure, it goes up .25 or .50 but it always goes back down. This POS will still be the same price it is now, or lower in 3 years. It will probably be lower in 3 years than it is today.
The government contract only means they have the ability to sell to those Govt entities. Now they compete with Verizon, AT&T, CenturyLink, Level 3, TW Telecom, etc. This "agreement" guarantees absolutely nothing.