JG,
I agree CELL's utter disentegration is troubling, to put it mildly. There were something like a dozen analysts following it, all with really tight estimate ranges, so there are no doubt a dozen pissed-off analysts out there who won't be raising their ratings anytime soon.
Odd that CLST and CELL should flip so suddenly; I almost remarked on this the other day when the spread had been reduced to 1/2 point. Does this mean MOT is enjoying a real resurgence, and we should be piling into that stock? Or does it mean that CLST is giving credit away like water and will eventually implode too? I must confess I still don't trust CLST management, although as you point out, this whole thing could be just very bad execution on CELL's part (which would appear to be a new and troubling phenomena, at least as far as we know), and as so many things went wrong it really raises the question of how long it will take to turn it around. And as a Nokia long, I should probably also be asking myself what's going on there too. I think CELL may be the last small stock I ever buy; it's too easy to lose half your holdings overnight, with no time to react. I narrowly dodged warnings in AFCI, PAIR, CIEN and CLST last year, so I guess I was bound to run out of luck eventually. No warning signs at all on this one, though, which is what is so troubling.
I answered one of my own questions -- here's IndyTom's comments from Yahoo:
messages.yahoo.com@m2.yahoo.com
Paul |
