CLEARWIRE CORP (CLWR)

[leucro]

Yeah when I noticed that I jumped out at 2.16, been trading it so just broke even from my entry between yesterday and this morning. Going to sit back to see how the offering gets priced and how many institutions take them. Credit Suisse scooped up Google's 29.4m stake recently at $2.26 so it may not necessarily hurt the stock just as Google's selling did. Keep in mind there is much potential here and the lowest avg target price is $3.50, median target price is$5.33. It all depends on future guidance by the company in managing to articulate the type of revenue they will generate in the coming years.

ps: Long and strong but taking a little breather.

CLWR