NXTL kicked A$$....Record setting revenues, huge jumps in growth, raised visibility........making a profit, and with an excellent growth rate, they also decided to retire a huge chunk of their debt buy buying back convertibles not due for some time, but at pennies on the dollar.....all in all a glowing Report from Nextel. and she is now at $6.50 in pre-open, up from $2.50 a week ago.....
I always was kind of scared about nextel due to their debt, and of course the telcoms getting killed, but if yall recall, I was high on nextel because they were one of the few telcoms growing their customer base, and their customer base does not mind paying for their prmeium service...but the biggest reason I bought nextel, and yall should also remember me discussing this as well.....what I see with my own eyes....everyday, I see more and more people, with my very own eyes, that are switching from whoever, to NEXTEL.....lots and lots of people.....plus, Nextels plan to have direct connect worldwide within 2 or so years.....I just liked it's potential......OK, so now that they are doing well....kicking butt in a filed where most are getting killed......what is the top on this sucker....after such a nice pop, and good news....do the shorts jump in and people sell to lock in gains, or does it have the steam to make it back to $9ish or $10ish in the near term?? That is the magic question...... |
