Something smells in Va., I guess you can say we're building base, huh?
The only way to play this game is to join it. Today, I was so tempted to short at 25 1/2, expecting the the same dumping action, but nah, shorting Nextel is like swearing in church. So just waited and bought back in at the low. You can say, I'm still long on Nextel.
Lets start a lottery, when is it going to end. My guess, Monday, so Friday there we probably will be another big swing.
Roader, don't forget last quarter there wasn't a run up, similar action took place, only much less volume. The price was taken down then by short bursts of 30,000-50,000 sh batches.
It's a good thing Nextel's product line doesn't act or work like the stock.
Regards
from a non-working, Al |