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I'll be oversea for an undetermined and certainly unplanned trip tonight.
This is one stock I really wanted to get into this month so I have a bid set up at $31.90
Good luck to all.
real, with all due respect, you posted the same stuff and the same link and claimed the same statement 2-3 months ago......
For the sake of all the Nortel shareholders and believers what makes today different than then?
I tried to get into CSCo today but the markets rebounded when I was strating to get really interested.
I'll be oversea and out of touch for a while.
Best of luck to you!
NYB, over and out for a while, duty calls. Will be out of touch for a while. Best to you!
No post here in over 8 hours during a trading day..... what's going on? Is the reality of this NT stock hitting some of us at last?
Shorty, MMs, "shaking the tree", etc, etc, those are all escuses when the stock goes down. Let's face it, this company still has a great future YES, but its CEO doesn't, and him and this stock is doomed to go down, all the way down. He will move on a millionaire and the shareholders will move on with a complete loss.
All just IMHO of course.
CREE: The Lights Are On
http://finance.yahoo.com/news/CREE-The-Lights-Are-zacks-14328345.html
Interesting Duke, so corporate accounts on XP who have been buying Vista with XP downgrade rights will get W7 free? Now there's a a first, skip a version and get the next one free anyway!
Another down day....
It is sad to see this stock's progression, well mostly regression, and to see it measured in 1/100th of a penny, sad, truly sad.
What's ahead for next week, 7's???
Hopefully, our favorite hiding millionaire CEO will do something to help this stock.... to help the common shareholders....
‘A Perfect Storm Brewing for Gold'--BMO
BMO Global Commodity Strategist Bart Melek says gold will easily top $1,000/oz next year, averaging $925/oz.
http://www.mineweb.net/mineweb/view/mineweb/en/page33?oid=78267&sn=Detail
Perhaps Equity, but at this level, below $9, I might get in soon.
Another sweet move up this am....
Cali, I didn't know one had to own NT shares to "stick around" on the NT board.
IBM, Juniper join on cloud computing effort
http://albuquerque.bizjournals.com/albuquerque/stories/2009/02/09/daily22.html?ana=yfcpc
With all that GREAT news why are they refusing to meet with their shareholders?
Marine, that is a disgusting story, no class at all. And this is the same guy who's been using the corporate jet to go home every week.
Where does Nortel keep finding those guys?
Real, maybe you're right, but I don't think so.
With all due respect I don't think you're any more right today than you were back in December when you predicted this same stock to go to $5 and $10.
And BTW, shorts DO have a choice, they can run it down to near 0.
...and no news to explain it.
Yikes, 30% gain in two days of trading!
real, I am still amazed by that news.
I wonder what's next?
Perhaps this???
"Nortel will seek to avoid divulging its latest quartely earning report because it says it would be distracting and harmful"
Specific answers:
1) I think the chances of it going to 20c are nil.
2) I think the current shares will become worthless after the restructuration.
All IMHO of course.
P.S. I disagree, I don't think the next quarterly report has been priced in.
"dont you think there's more upside than downside at this point, given the nol's?"
With all due respect H42, I actually find the question kinda duh.
The downside is 9 pennies! The upside is unlimited!
But this stock has a little problem with the notion of upside...
And wait until the next quarterly report comes out!!!
No wonder they don't want to face their shareholders!!!
H42, buying in is only good if the stock goes up, even if you're buying at pennies.
FYI I have never shorted this stock.
Good luck to you!
....and it will seek to avoid holding an annual shareholder meeting because it says it would be distracting and expensive.
Well, there's a good one!!! They DON'T WANT to meet their shareholders, and no wonder!
BTW this where they should have trimmed the fat!
Nortel's top executives took home $400 million
Colgan Air options 15 more Bombardier airliners
http://www.reuters.com/article/marketsNews/idUSN0951515720090209
There's more to it thant that. I don't have the numbers with me but the difference comes from Hudbay having to issue something like 150 million news shares to pay for the deal and reducing considerably the value of its stock (50% or so). So even though the deal is for Lundin shareholder to get 39% (I think) of Hudbay's share, the value of Hudbay's share will something like 50% less by then.
Bombardier boosts Q400 production in wake of order, delivery declines
Monday February 9, 2009
Bombardier Aerospace took 114 commercial aircraft orders net of cancellations in its fiscal year ended Jan. 31, down 45.8% from the 238 booked in 2007-08. The 114 commitments comprised 47 CRJs and 67 Q400s. It delivered 110 aircraft during the recently concluded fiscal year (56 CRJs and 54 Q400s), down from 128 the prior year. The Canadian manufacturer said 2009-10 commercial deliveries will rise some 10% year-over-year. It will increase its Q400 production rate, while CRJ rates will remain unchanged. It also said the CSeries program is "making excellent progress." It plans to release full-year financial results on March 2.
Cree's GaN HEMTs tempt telecoms firms
http://compoundsemiconductor.net/cws/article/fab/37669
My Case for Seabridge Gold (SA)
http://caps.fool.com/blogs/viewpost.aspx?bpid=141516&t=01003312759786753261
Marcial: Microsoft, a Compelling Value Play
http://www.businessweek.com/investor/content/feb2009/pi2009029_487963.htm?campaign_id=yhoo
Time for Cisco to Make Some Acquisitions?
http://seekingalpha.com/article/119336-time-for-cisco-to-make-some-acquisitions?source=yahoo
Reason more for Gold to up more.... No?
But with Gold being so high doesn't it counter that?
Newbie here.
It looks to me like it is a done deal now.
F5 out to lure Middle East Nortel customers
http://www.itp.net/news/545991-f5-out-to-lure-middle-east-nortel-customers
To think that this stock was under $8 just a little over two months ago.......
"Not sure what your motives are. (for the past 4-5 years...)"
Real, look at the 4-5 year chart on NT. I didn't need a motive, NT did it all by itself..... and nothing has changed.
And with all due respect look at your past predictions and the stock movement.
History doesn't lie my friend!
I mean you no harm my friend. But one can not deny what happened. It's not dwelling on the past, it's facing reality.
Best to you or course!
Ditto!
Unfortunately Real it is not that simple, with all due respect of course, you are bringing back up the same arguments you did when the stock was near $1.... and actually you forgot the tax-credit one.
This stock will not be a 5 or 10 bagger as you claimed IMO. You may be right but my history of posting on this speaks for itself. I have been negative on it for 4-5 years, and look at the 5-year chart!
This stock is dead, the company isn't, it will be around for a long time, but this stock is dead.
Some people did sell at a loss at this level, that's true I'm sure. However I'm sure some people have held on or have averaged down.
Look at the history of this stock, nothing will change. You think it will come back up? People thought so too when the stock was at $1, $10, etc, etc.
This is all IMO of course but History doesn't lie.
This is with all due respect to you and everyone who bought at a higher price and think differently.
typicalguy, great news have come out constantly in the past 5 years and yet the stock has gone from over $100 pre-RS to under 9 pennies post-RS....that's losing 99.9% of its value.
Good news doesn't mean the stock will "churn upward".