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I just found this new positive to me---------------------Sprint Nextel (S.N: Quote, Profile, Research), which has a roughly 11 percent stake in Virgin Mobile USA and rents it network space
eddy
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quote:Originally posted by eddy: I just found this new positive to me---------------------Sprint Nextel (S.N: Quote, Profile, Research), which has a roughly 11 percent stake in Virgin Mobile USA and rents it network space
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A quick look--53 million outstanding, and 7.5 million of that has been sold short. at this stock price it has just 111 million market cap for a company that did 1.31 billion revenue. jmho-that is dirt cheap. They actually made money,just not as much as wall street expected. that is why it sold off from around 4.50. jmho--when it does run, it will run hard. we just need enough buying pressure to scare the 7.5 million shorts. http://stockcharts.com/h-sc/ui?s=VM&...d=p35477214773 lot of insider buys- http://www.nasdaq.com/asp/holdings.a...m4&selected=VM __________________
eddy
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the way level 2 looks--jmo--any buying pressure will take it up fast
a surfer
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Great info on your thread eddy.
looks very ready.
cassity
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quote:Originally posted by a surfer: Great info on your thread eddy.