I've asked here a few times:
WHY hasn't anyone made an offer, or at least one were aware of? Anyone? Use true longs know all the data, pipe, cash position, pending countries, scripts, other indications, tax losses, etc.
I too have been here since pre-approval, adding, averaging down and have had nothing but red in the account. $10 is a steal, but it would put me in the green and be rid of the work this stock takes to own. I too want a new Vette, but need it before I am too old to drive.
Ya, everyone here except the bashers have/will lose their #$%$. Get a life lame#$%$. Still up ~$9 a share, awaiting return to mid #30s.
This ID just recently arrived on our board, but I've seen his bashing on another board in the past. Either paid to do so or a short is my guess.
Why are you solely arguing about the 'product'? Does Google have a history of being narrow in scope and vision? Is their strategic plan to simply be a competitor?
Hell no. They entered the crowded search space and essentially own it. They have made 'unusual' acquisitions.
They have been building out fiber in KC, Austin, Utah, etc. I read the KCMO and KCK agreements, their first market, and they got very favorable terms to lay their fiber. I also read the agreements with nearby munis as they expanded their initial presence in the metro.
Was this based on their vast experience with fiber and offering web and TV services? Being a swell local corporate citizen? Lobbying? Hell no. It was due to their brand, reputation, power and cachet.
This initiative caught everyone by surprise - right in TWC and Comcasts backyard. TWC didn't take them serious until late in the game and played 'catch up' using attorneys to obtain agreement copies, reaching out to the muni's in a weak attempt to stop more from signing agreements, attending council meetings where the vote was on the agenda, negotiating (and threats of lawsuits) with those muni's to obtain similar terms, etc. While all this is playing out, more KC metro muni's signed on and they added munis in other states.
While the Google BO has been bandied about for years, I would not blindly discount possibility based on your time worn rationale. TWC and likely other major cable/Telco providers use LVLTs network, which have become direct competitors. Think of the power Google would have in this space, as well as the 'online world' if they owned that asset.
We continue to go backwards. Any more 'breakout' and we'll be under .50, then the possibility of a secondary per their PR today to raise more capital and we're in deep doo-doo.
Still moving up, closing on $30, strong sub growth, T copying our DataStash, Slim required to sell off holdings providing funds that need to be reinvested.....so do you want to retract your 'see $5 before $30 statement' on 1/6 or keep bashing with no merit? Keep punching the clown until you're broke and your hands are blistered.
Do you truly expect an accurate answer to this? One to base a decision on? Did anyone know today would be this stellar? NO! Many didn't expect the gain to hold up as us LT longs have been there, done that. Most likely held today as we know what we own and are in for the LT.
EATON is correct. I called my online broker to verify years ago after a similar post for another highly shorted stock . Took all my high $ sells off since all is in cash account, no margin, and therefore can't be lent.
So before you go off and post something that is very easy to 'know', do some research. And before you go off believing posts here, do some research.
Sentiment: Strong Buy
Agree CG. Gomer Rubber keeps using his same old worn out arguments, and obviously has a personal issue with LVLT. Likely fired.
We all know about the super cool lease deal GOOG has. What he's missing, or avoiding, as usual is how applicable is this to any LVLT customer or other business who has the financial means, brand, technology, vision, etc. to OWN the f'n network for their own strategic plans, 'control' their competitors, etc.
Imagine GOOG, FB, MSFT, etc. owning the largest US backbone network, giving their customers/employees unrestricted service performance and as contracts expire, not renewing or major price increases, for those they are/plan to compete with?
Sure, there are other providers and their is excess capacity per se, but if you have deep pockets and a plan to implement, do you really need the customers who according to some on this board are getting a ridiculously low price, low margins, etc.?
Let's say GOOG wants to truly take on the Cable and Telco oligopolies. Many of them use/need LVLT to provide their service. OWN it, shut those competitors off, add more metro areas, enhance the product, tweak pricing and continue to run your own fiber to the LVLT network. Unsure you could call these 'metro rings' but GOOG has wired the hell out of KC metro and surrounding communities. Dead center of the US, close to the IA data centers, etc.
Lastly, if LVLT is the POS some here continue to blather on about, why the great run up the last 12-18 months? Why another good day today, market only open half day, many people busy, not in the market, why the string of positive price targets? Assume these dudes are shorts, former (fired) LVLT employees, no life loser's who pontificate here to increase their self esteem or a combination of those.
Sentiment: Strong Buy
Market seems to like this so far, 12 minutes into open up a nickel.
At times I wonder if Charlie is too indecisive or ego-centric to do what needs done. Been yappin about an interest all year and has done zip.