hi there WB----i guess nxtl depends on what happens with their attempted spectrum grab, otherwise the chart on this stock (5 second analysis) is scary -------WWVY really looks like a crash waiting to happen----it appears that some large holders who have bought stock (the strength late last year) and then attempted to convince management to break up the company, have failed and are now bagged---the absense of bids makes it impossible for them to get out and thus the quiet price action,for now-----i wish this had put options because when making a negative bet i hate selling short outright due to the open-ended possibilty for losses if i'am wrong----i tried to short it lightly a penny above the bid but no uptick was forthcoming, so i'am probably not going to make any money from my analysis of this situation-----when these guys finally throw in the towel this could easily go into the teens on a downspike
Have you seen NXTL. Thought it was a little risky, but took the chance. Walked right into the new world wide walkie talkie announcement.
Just dumb luck, but looks pretty good. Will probably be a time of profit taking soon, but all and all, I think it's in for a good climb. As you said, really depends on the FFC decision.
No rec on this as it is not a sure thing. On another note, WWVY is going down in the 24 range. I know that. You're right it is giving a strong fight. I don't really know why I'm so interested in the little fly, but I think there is some good money to be made in the future.