MetroPCS Communications, Inc. (PCS)

[bowonwing]

PCS @ $5.53 new 52 wk low and all time low: "At the bottom of bear markets the public dumps stocks on the basis of bad news while the pros accumulate. The pros accumulate because they believe the worst has been fully discounted by the market."

PCS' price action has been terrible, to all time low of $5.53. The question is, has the worst been fully discounted by the market in the price of PCS? At this point I have no idea. I knew $8 was a strong resistance point, which we bounded off of on this latest run down. But new 52 week lows and all time low was unexpected. I thought PCS would hold up better than it has after the 130% Q3'09 earnings.

Q4'09 & 2009 earnings on 2/25/10 before market opens.