Seeking Alpha

Clearwire (CLWR) +2.5% premarket as Jefferies starts coverage at Buy and a $3 target. As "the...

Clearwire (CLWR) +2.5% premarket as Jefferies starts coverage at Buy and a $3 target. As "the prospect of spectrum crunch is real... Clearwire’s deep nationwide spectrum, its recently enunciated LTE plan, and liquidity from recent financing to fund the upgrade, make it a viable wholesale partner to any wireless operator."
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Comments (1)
  • zanajohn1
    , contributor
    Comments (76) | Send Message
     
    Other significant analysts over the past few months have come to similar bullish conclusions. Yet CLWR price/sh stays stuck in the $2/sh range, showing no noticeable upticks.
    Maybe the conclusions of the bond raters of some 6 months ago remains operative, which was that the relationship between S and CLWR is dysfunctional and that together they can only harm each other?
    23 Dec 2011, 04:00 PM Reply Like
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