DO YOUR OWN DD never trust anyone including me when trading you nay find your self floating in the dingy cuz your boat has alot of worthless paper cal
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that's if you don't own shares at this level well over 12% divi return. You get your money back in about 8 years and still own the stock. And with the Tender offer of over 1 billion to pay down debt this isn't going nowhere but up... IMHO of course
Options have 3 trading days left to trade the swing is still in the upward movement in Option calls Put's have drastically declined. And you really can't say that the pull back wasn't foreseeable, hell there was fresh new money in at the low 1.20's and they took and 25-30 or better and ran ....
well there goes the 60% divi cut paying debt down 800 mil.
they sure are doing there best to hold this back at 1.50 let's see an after lunch climb hell I'll take 2-5% every couple day's until the split lol
When it pops 1.50 this looks good to 2.00 to 2.20 ish this could very well go to the 3.50 area before the split. There is still a lil over what 50 day's to the split. This could very well have a buying frenzy as it did a selling one IMO
on an even better note option trading swung from calls to puts. looking back at the chart I've noticed flatline trading on the option levels from 1.50 to 3.50 and those were mostly calls shorting down from 3.50 to 1.50... Be interesting to see how high they can push it back up with the puts volume picking up....that's just looking 6 months back...
well 1.50 after market hours close.... Let's see what next week brings
it's catching hell @ 1.50 but if it pops it it very well could. I'll be happy with a HOD close...
well so far 1.185 is bottom people are buying back in and it's going to go up
up 17 cent ntoday
If you look back to May 2nd there was another filing of the purchase of 400+ @1.52 and the again @ 1.54
Another insider acquired 400k+ @ 1.54 and another 400k+ @ 1.52 back in April...I banking on a good return both short and long term....
Well on a good note the volume is drying up. I can't help but notice how way oversold FTR is...
FTR is doing all the right things for future growth. It has an excellent long term return with 12% divi in 8 years you have you money back and still own the shares. that's 100% plus any gains in pps. Short term realistically I think maybe 50% so I'll flip my 1.21 shares and hope to flip my 1.84 lol and I'm long my 2.92 shares for sure.... but never rule out anything I've seen some crazy sheet trading LOL...
Out of the brokerage recommendations 2 rate Frontier Communications Corp (NASDAQ:FTR) stock a Strong Buy, 1 rate the stock a Buy, 10 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Those shares I got at 1.21 look very good and going to look even better then I have to wait for 1,84's to show up or better I'll sit on my 2.92 and weather the split out and who know a few years down the road FTR might be in great shape....
I currently IMO lol have three level's now in my guessing at bottom the charts at this point are null and void and have to be reset. My guess and I hope I'm right Bottom is 1.185 but even that is up in the air when it comes time for the reverse it could go either way, but in the near long term it's a no brainier
A close of HOD is a plus in determining when bottom has been set also
lol a dead cat bounce is the influx buying of a stock considered at bottom creating a buying frenzy and it can and normally does drop as fast.... Know your exit place
As for the shorts they'll be covering !!! As we are seeing . If you watch the Options trading it has swung in our favor the Put's are in favor of a pps increase thru to July watch the Option trading volume and see for yourself
From your statement dead cat's bounce and saying when the charts say it's time to buy makes no sense.If your playing a DCBP at this level anything is prime buyin, How dead is the cat? FTR isn't dead by no means it's been proven the the rural part of FTR is it's bread and butter an endless stream of cash to pay the divi it was paying. When they get back in order lookout!!!! Divi cut to pay down debt hiring Google/Verizon Exec to restore the fiber optics service in FTR's service area is a win win... Sit back and watch is all I can say!!!! As I said earlier I watched a almost sub penny stock Smurfit Stone from .03 to over a buck in like minutes. Don't try and tell me about a dead cat bounce I've been in a few even worse a reverse the proverbial flat tire bounce straight to naught!!!!!
I'm not bashing you by no means ... I'm the firmest I can be when I say the bottom For FTR is in at what 1.185. After the news on the rs being 7/10 and the hiring of an almost icon to help turn them around as well as FTR being over 62% insider owned I'll bet you in a legal gambling State that in 2 years alone I'll get 25% returns in divi's not to mention the rise in CPS % increase FTR is IMHO an easy dbl bag'r + Long term could be a 10 bagger... But I want to stress this never under estimate the power of the people. I got in to a stock back in 08/09 that made me big money Smurfit Stone. It went from .03 to over a dollar so being a bottom feeder isn't so bad. VRX is another good example for me jumped in at 8.50 only to watch it drop to 8.30's dumped it at 14.20. the good part of investing is you never lose or win until you sell. Unless it pay's a great divi like 12% my 1.21 shares are all on margin so in retrospect I only have to lose half to lose all from 1.21 not looking for any Margin calls on the downside..... I'm at the
whale's table betting the max and the dealer has 16 sitting on 21 I'm staying !!!!!
Okay then, For starters you can throw the chart's out the window all of them FTR has hit and past it's all time low. That being said,Anything below the old bottom is solid gold IMO and worth untold wealth at this point in the game. Sure you can be a Liberal and say well it's on a downward trend and spiraling out of control or you can evaluate the company yourself and within reason come up with a 40% cost reduction on the pps evaluation and conclude FTD is way under rated and heading to higher ground.. What was it I heard oh yeah it was and is cha ching$$$$$$$$
If your a short term player it pay's off as well. Frontier IMO is an easy trpl play from here mid term long term the pay off is unreal as the insiders own more than 60% and a new insider aquiring almost 900,000 shares @ 1.53 this last filing that should speak volumes to you all....
Still FTR is a no brainier play.... I could post pssible returns versus risk but at this point in the game the risk is gone no they can't file bankruptcy because they have to much cash flow from the original Frontier rural accts's.... Frontier is a cash cow long term. Thing only appear to look bad as of date let the games begin!!!!!!!
I think we'll see a nice climb back up from here until just before the split occurs IMO it'll drop back a little but 20's are a sure bet I think.12% divi sure is attractive and I think your going to see a lot of shares go long on this play JMO
I snatched up more at 1.21 imo a no doubt easy high return I like the news also
Being it is lil more than 62% insider owned I'm betting they have a better view of the long term since there hasn't been any selling to date. I'm gambling no doubt but the reward versus risk at this point is much greater IMHO
Yes it did but I think the storm is over and the upward trend is in
Doesn't seem to be effecting FTR today up 5.5%... Still paying over 10% divi annually. Think I'm going to put my shares in the old Ronco cooker and set it and forget it....
Well I guess the best way to explain it to you from my perspective. It's like the slot machine you've been playing all night but haven't hit but you "KNOW" it's getting ready to pay off so you put more money in it. Sounds insane but hey it does work now and then good luck and like I said even with the divi cut at current levels it's paying 10% annually and my 30k at 1.83 are getting 8% and the first 5k are only getting like 5-6% and I'm betting by the end of August to mid Sept it'll be higher...
Never offended me lol I got 2 ways it could go I could loose a lot of money or I could bring in a ship load with FTR hope I'm right....
Yeah there are a few of them out there that I wish I had got into but right now I can afford to sit and wait it out now for a little while longer than i'd hoped but hell it made me a killing a couple years back made it going up to 8 and back down and that 525 divi payment on 5k shares sure "did" look good LMAO
Not my math it's what is in the release I know it don't add up.
Frontier Communications Corporation (NASDAQ: FTR) announced today that its Board of Directors has made a determination that it will set the reverse stock split ratio at 1-for-15 if stockholders approve the reverse stock split proposal that is now before them and, following such approval, the Board decides to proceed with the reverse stock split. The Board made its determination after considering a number of factors, including the recommendation of the Company’s financial advisor, target pricing, and feedback from stockholders and commentators. In addition to the reverse stock split, the proposal before Frontier stockholders would reduce the authorized number of shares of common stock from 1,750,000,000 to 175,000,000.
HIGHLY DOUBT IT WILL GO UNDER A $1. As for an R/S they are going to put it to a vote if passed it will reduce the share structure from 1.75 billion to 175 million currently there are roughly 550 million shares available to them and it would be reduced to 55 million right now it's a guesing game I'm betting it'll go up when shit settles down they are headed in the right direction IMO
Bankruptcy is not even apart of the equation. Even with the divi at .04 it's still way better bang for your buck than Ford or GM which pay roughly 4%. FTR is currently at about 10% even after loosing more than half the value I'm happy with the cut put's more cash where it should go to grow
sitting on 35k shares 5k at 2.92 and another 30k at 1.834. I get roughly 5% on the 2.92 and 8% on the 1.834
Well took a beating so far wish I had waited on the volume to drop before buyig in. But on a great note took out 60k in equity and now have an additional 30k shares.... Time to sit wait and watch
How's that old saying go with great risk comes greater reward. I'll be the first to say it is gutsy but I'm betting on a nice climb up.
It's trying to come back little more buying pressure and it could get some legs under it
Damn sure has room to grow that's for sure
The volume is settling down hope the shaking is over