Post by
SouthernTierTom on Feb 16, 2022 12:54pm
Shocking really ....
If Nortel was a "screaming BUY" in the mid $60's CAD ...
Where does this one fit in?
Bear in mind ...Nortel was $124 on a per share basis in the summer of 2000 before reaching the "sweet spot" that was $65'ish ( albeit CAD )
I've lost track of the Canadien 800 LB gorilla Nortel..where is it today ..current valuation?
Serious replies only
Comment by
blackhawk2003 on Feb 16, 2022 1:12pm
Wildly oversold. The shorters got way, for now. Buy, buy, buy!
Comment by
Mirko22 on Feb 16, 2022 2:07pm
Totally agree. We may few more downside but overall. it is screaming buy.
Comment by
blackhawk2003 on Feb 16, 2022 5:28pm
I bought yesterday, for the first time. I'm feeling a little Snake bit, but I think cooler and smarter heads will prevail. All the management said is, the parabolic trajectory can't continue..??? The shorts jumped in a set the sells in motion. It will recover soon, and hit 2000 by summer.
Comment by
blackhawk2003 on Feb 16, 2022 5:34pm
Now the company will buy back their stock and make even more money. Don't sell to those shorters, and axe is coming for those guys. No more spoofing or scalding....
Comment by
blackhawk2003 on Feb 16, 2022 11:01pm
They are spending money to make money. Planning is everything. Maybe 3000 by summer.
Comment by
blackhawk2003 on Feb 17, 2022 10:50am
Ha, the losses equates to 2 dollars a share not 200.
Comment by
Lupuslupus on Feb 17, 2022 11:30am
Calling for a 3 bagger in 5 months? lol the stock market is not for amateurs
Comment by
1condor on Feb 17, 2022 11:29am
Should be some support or at least a bounce around 850...better hope that level holds.
Comment by
1condor on Feb 17, 2022 3:09pm
Just sitting around the 850 support level this afternoon. Hope it holds, as the next support level is way down there.
Comment by
Zaphod on Feb 18, 2022 11:51am
Are you serious?? It went bankrupt a decade ago. $150 to O. and poor victims rode it down ..NEVER RIDE DOWN A STOCK!!!!!!