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Time Warner Cable Inc. Message Board

  • porkyfacejohn porkyfacejohn Nov 27, 2007 2:35 PM Flag

    Where is the bottom

    I read and hear good things about this company but I am scared to buy it. It seems to drop every day. There is no bottom. Maybe it needs to drop below $20 to find buyers. I can't believe it. Also, CVC has dropped. I thought it was a buyout but now it is just another stinking turd. Maybe the Arabs will but it......

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    • TWC hit bottom on Tuesday of $23.60. It's all up from here.

      Why? Cable stocks are substantialy oversold and, although the telecoms might steal some young customers in the metro areas, middle America is glued to its cable TV.

      At least that's what I tell myself, since I bought this bow-wow at 33 less than two months ago.

      Insiders have bought 4x more than they've sold in the last six months. Either they know something or they're just as dumb as me.

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