In any case, everyone is looking into the future. So the revenues and guidance is the key. All the competitors say the business is picking up and the pricing environment is much better now. Would expect the same from Broadwing. And as you pointed out, fixed expenses will cause most of the revenue increases to go directly to the bottom line. And I am sure most people still don't get it.
The chart is a piece of beauty. It can't continue to go up 1-2% every day. It should break to the upside when either shorts capitulate or sideline money will capitulate and rush to buy the shares. Or both.
Or it can break down if there is something threatening to the fundamentals. But I just don't see what bad can happen. Internet traffic to decrease? Nah. Are they going to lose a market share? They only can gain it at this point.
So I am not buying and I am not selling. Does it mean a 'hold' rating? LOL.
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