Well, originally I read about this stock when it was recommended by market pulse. It is a company that is in the testing stages of a new technology that will allow telcos to provide super high speeds (over 80MB) standard copper lines. It should be a cheap alternative to expensive fiber upgrades to the existing infrastructure. They did complete a successful real world test recently. It is just a company that is looking to take advantage of the high speed broadband boom.
interesting has potential... but now what would be the price to the wide public... is the 80mb speed to the customer or speed that the cable can handle... or is it the same idea as cable connections.... let me know more... could be a company that for sure can survive if they have a competitive edge in the cuthroat industry of internet connections... chahine
It's an interesting pick. But I would wait until they start showing some signs of being operationally successful.
I hear ya, my fingers are crossed
[quote:d970a98c80="MikeyPalmice"]I hear ya, my fingers are crossed[/quote:d970a98c80] That's a scary thing to say before buying a stock :)
HAHAHA yeh... chahine
true, lol
after talking to some people and doing a little searching I have learned that this stock isn't the best pick. I got out of it and got into zkid.ob The last rise was just the result of a pump and dump, sorry if I gave anybody a bad idea.
i know i didn't invest in it i don't know about others... 1 rule i have kept in me that helps me choose the right stock is to never hurry to buy a stock because its cheap.... lets say my research tells me that a good entry price is $1 i would hole myself and wait 1 to 2 extra days and research the historical price moves and try to see if its going down.... if so i would not mind buying it low because i know that my research on the company is 2 thumbs up... so i will always look for better bargain.... and sometimes if it starts and keeps going up and the price is still in the level of reasonable being of about 5% up i would not mind paying an extra 5% to be sure that im getting a good bargain. for a good stock.... think about it maybe will help to control emotions and impulsive buying.... maybe u can modify it to ur investing needs... well the way i explain things u guess that im a fervant believer of benjamin graham... but while reading the intelligent investors i see a lot of mistakes i myself make that could have returned me more money in the short run.... chahine
good points, thanks for the advice