I must agree with Pastramiman. The management of CVUS is nothing short of pathetic. They've had this asset for years and haven't accomplished anything! They are as far away from providing actual phone svcs (voice, data, isp) as the people bidding today.
This company is an asset play. Either you believe the spectrum they own is worth more than $6 to someone, or you don't. Any discussion about CVUS operating as an actual phone company is a waste of valuable bandwidth.
In Round 16, Cortelyou exacts its revenge against WNP, which wrested away New York and Philadelphia in Round 15. In retaliation, Cortelyou takes the lead in Chicago with a bid of $20.251 million and retakes the lead in Philly with a bid of $18.583 million.
Mr. Synthetic12, I post infrequently and have one user name. I am long 3000 shares of CVUS at 6 7/8 which I purchased based on my erroneous expectation that the auction would be a success and CVUS would briefly benefit.
Mr. Pastramiman seems to be fairly moderate in his opinions - he just doesn't think CVUS is a good company.
If you were interested in learning more about CVUS you would welcome contrary opinions for their value in better understanding how others view CVUS, which might somehow accurately mirror the way the market views CVUS. I think this board and Mr. Pastramiman fairly represent the views on CVUS since the stock has been acting extremely poorly during the past several weeks. Obviously, the market thinks somethings wrong or the stock wouldn't be "undervalued" at $6.
My view is that CVUS ultimately should be worth $9 - 11, but I hope to bail at $8+.
Your posts, despite their frequency and urgency, add little to the discussion.