really is amazing (comical) on how the big boys try to plunge a stock
RJ could smell the stock was stalling around 5.50 - 5.65 range then they issued a bogus downgrade. It was effective to drive the stock down 6% the other day. That wasn't enough as today NON NEWS event but a rehashed rumor piece put out by hedge fund(s) spread by the credible media "bloomberg" of PCS being pursued by Tmobile to drive the stock price down another 5%.
I am buying again as it jumps around to find a new bottom. Started positions couple months ago, and moved out on the last jump up. I was happy to move out and wait and see attitude.
Now, this is a buy again after the air clears on the PCS rumor. I figure I will stay with this turn around story as overall, it seems that Wall St is figuring it is going to $7 eventually, even if it takes some time, a few months even. So, don't lose sight of the long term story if Wall St is really going to keep this moving to $7. Hope everybody does good here.