Once again a sexy stock was floated at a silly price and the market has decided to knock the stuffing out of it........... :cheesy: And that's despite being in a strong market !!!
Clearwire Comms - is into Wireless Broadband and should regain fans fairly quickly hopefully since it's run by a legend of the telecoms industry Craig McCaw.
It's loss making and under intense competition ....... but universal wireless broadband is the future and there nothing like a bit of sex to get the share price rising........ when people are in the mood.
Today it hit the lowest price since it's IPO and my theory is simple..
McCaw is a smart bloke with proven track-record, Wide Area Wireless (Wimax) Broadband will be huge.........
I'll just stalk it until the cavalry arrives ......... as usual!
http://www.bloomberg.com/apps/quote?ticker=clwr:us
I think Cramer likes it too ... but even he can't lift it off the deck right now... I don't think he'll give up though - which is handy :cheesy:
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(+) There are only 2 Wimax-Broadband operators in US right now Sprint and Clearwire.
(-) Take up of this technology is/will be slow in US.
Clearwire Comms - is into Wireless Broadband and should regain fans fairly quickly hopefully since it's run by a legend of the telecoms industry Craig McCaw.
It's loss making and under intense competition ....... but universal wireless broadband is the future and there nothing like a bit of sex to get the share price rising........ when people are in the mood.
Today it hit the lowest price since it's IPO and my theory is simple..
McCaw is a smart bloke with proven track-record, Wide Area Wireless (Wimax) Broadband will be huge.........
I'll just stalk it until the cavalry arrives ......... as usual!
http://www.bloomberg.com/apps/quote?ticker=clwr:us
I think Cramer likes it too ... but even he can't lift it off the deck right now... I don't think he'll give up though - which is handy :cheesy:
-------------------------------------------------------------------------------------------------------------------------------
(+) There are only 2 Wimax-Broadband operators in US right now Sprint and Clearwire.
(-) Take up of this technology is/will be slow in US.
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