CLWR has been falling like a rock today, and she h
Post# of 8
CLWR has been falling like a rock today, and she has a few gaps to cover before she can run North again.
IMO, Once this one gets to 1.29/1.30, this would be a good spot to buy and hold for a bit. Even with the Softbank/Sprint deal in the works, and Softbank saying that Sprint has to take care of CLWR, I feel in the end, if Sprint is to become a player and get it's act together for competing with AT&T and Verizon, They WILL have to buy CLWR because of what they are already doing for mobile networking. Don't forget, CLWR did do a deal with China Mobile earlier this year to help open up the Orient coverage, SOOOO....
This one is still a good play IMO, After the gap is covered.