Voice/ chart moving in the right directionNortel has yet to recover from the incredibly bad patch it went through when tech stocks went bust, I remember them buying companies out on the strength of just issuing Nortel stock as if it were money.
Those crazy days are over at least for Nortel. The CEO at the time left with a golden parachute and left a financial mess behind I don't think he was ever held accountable and asked to return his millions, shareholders lost millions however as the company having flown too close to the sun melted.
How is it doing now? it's gone from a darling all the CDN financial networks talked about to hardly mentioned. Has it got it's financial house in order? As you can see I have not followed Nortel's fortunes since those times.
However I see VQS stock made some ground today. The chart looks good over the past month holding steady and gaining a little ground each time towards it's 50c high, any predictions for June?? I'll go out on a limb and say you'll break the 50c.
I'm sure these guys are the leaders in what they do 'goldtoe'. they did have competition once upon a time,but most fell by the way, if it wasn't for the tenacity of VIQ's owners I think VQS would not have seen the light of day, they did what they had to do to keep it going.
Enjoy your week investing, gardening season is upon us at last so out to attack the quack grass and keep it at bay before planting can start. If you have the grass invading your plot DO NOT mulch or it will multiply like the Gremlins did. Hand pick it only.
all the best.
C