no buying this stock below its current price in my opinion is a bargain but don't listen to me yet because i can tell u that NT is going to fall a lot yet .. and a lot is a lot ;) but one thing is that this company is too strong and too many markets depend on them for them to collapse... but offcourse so was entron too.... interesting gamble... but for sure wait for the CEO's decision in terms of what he is going to do and who is going to take over the CFO position and what decisions are going to be made to restructure the company could be the future of NT in play.... but for sure im putting some in this company... NOT now but when i have a better entry price... which for me would be $1 :) chahine
WTF i lost like 50% on this stock i dont know if i should pull out now and put the money in something else. But then if i do that and the stock goes back up im a retard. I bought it at 6.22 and it went up to close to 8 bucks and i thought i did good then all this crap with there finance records came out and they fire the ceo and i got screwed. what should i do??????
I think NT should be doing better then it is. I work as a network tech and thats all the stuff we use. Nortel this and nortel that and now integrading to there VOIP stuff. I know alot of places that use Nortel cuz cisco is to expencive. I really cant see Nortel falling over anytime soon. I just dont understand why they are doing so bad........
At this point, hold it. If you think there's any chance of recovery, hang in there and monitor the company's fundamentals. They are in a garbage industry with a lot of competitors though, so long term I doubt this one will do much.
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