Attention Stock Traders!

Discussion in 'BlackHat Lounge' started by 44proseries, Jul 28, 2012.

  1. 44proseries

    44proseries Junior Member

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    I decided to pull the trigger and go long on FTR, bought 1500 shares at 3.60, price target of $5 long term. 10.72% Yield. Risky, especially with earnings coming up. Anyone else making the same play? :D

    What say you, bullish or bearish?
     
  2. LeMerovigian

    LeMerovigian BANNED BANNED

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    ($2,100 + Profit) The bulls are all the rage! I feel the top end is all she had in the first second quarter until consumer spending picks up again pre-election/holiday consumerism) What is the expected time of investment for returns? I can do better than 10.7% on that kind of initial investment secure margins less gamble.
     
  3. LeMerovigian

    LeMerovigian BANNED BANNED

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    +2.48%

    Homework; Government funded & approved can't go wrong

    http://www.dailyfinance.com/2012/07/26/does-the-street-have-frontier-communications-figu/



    http://imageshack.us/photo/my-images/155/tomcruisestarringinrisk.jpg/

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  4. 44proseries

    44proseries Junior Member

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    I was speaking in terms of dividend yield = 10.72%. And yes, government funding via FCC for Rural Broadband. Only thing I am concerned about was the acquisition of Verizon's landline business. That, and they don't have any wireless assets. Still, though, I am long.
     
  5. LeMerovigian

    LeMerovigian BANNED BANNED

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    FCC rule with the hand of god always get what they want.