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Clearwire (CLWR -4.8%) slips after receiving a downgrade to Underperform from RBC, which is...

Clearwire (CLWR -4.8%) slips after receiving a downgrade to Underperform from RBC, which is setting a PT of just $1. Macquarie downgraded shares of the 4G carrier, whose cash burn and debt load have faced intense scrutiny, earlier this month.
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Comments (4)
  • Headcoach
    , contributor
    Comments (431) | Send Message
    Well, if you beat a child repeatedly, it soon learn that you don't like it and so does everyone else. The problem is NO one is giving it a chance to come out of it so called problems.


    Just when it start to show it's head..."How dare you try to make it out, get the )&%$ back down there"!


    And all the investors that can't see two inches from their nose, jumps skip like rats on the Titanic.


    Here, let me put it a different way. Lets say you have a little girl at home and all she wants to do is watch video on her smartphone like every other kids does.


    Would you like a network that download at 27mbps (Verizon & AT&T) and uses up your bandwidth, or do you want a network that downloads 168mbps?


    Several months ago, China mobile set a new download speed record at 168mbps on their new TD-LTE....the very same one Clearwire is putting in....get it!


    Yes, I know they don't have it up and running yet. But they will come hell or high water and when they do, everyone is going to want that download speed, including Cable and Satellite Companies.


    Why do you think Dish is looking? Why would Dish spend 50 million on an Advanced (TD-LTE) chip set?


    Some analysts are bean counters with a lack of vision. Kind of like a movie critic and we all know what we think of movie critics...right!
    22 Aug 2012, 12:24 PM Reply Like
  • Denny_Chasteen
    , contributor
    Comments (687) | Send Message
    It's hard to believe that a couple pointy headed analysts can have so much influence over a stock price. But don't fret it. There is a very, very small percentage of the stock being traded each day. Very low volume and even lower this past 10 days than the previous 10 days.


    It does not take very many mamby pambies too lose their confidence and hammer it up or down 10%. I bought more on the previous pull backs down below $1. But now I own enough that I don't want to acquire any more. I started to sell 1/3 day before yesterday and wait for a pull back event like this. A lot of traders are doing that and I think that is why the price varies so much.


    Also noteworthy is I have call options for January strikes of $2 and $2.50. Even the $2 call was getting no respect even as the price topped $1.90 a few days ago.
    22 Aug 2012, 01:34 PM Reply Like
  • milehr
    , contributor
    Comments (539) | Send Message
    May be they will manage to drive stock back to this "PT", where we can add to our long position.
    22 Aug 2012, 01:45 PM Reply Like
  • slickwillie1
    , contributor
    Comments (4) | Send Message
    I make 350 a day working on the North Slope of Alaska in the oilfeild! Watch stocks about two hours a day! I have been watching Clearwire for a year and a half now! Do you think all these investment firms that have a stake in Clearwire give a hoot about this these price targets? They know what Clearwire brings to the table in the long run! You will be looking pretty stupid next year in May, RBC!!!!!! :-}
    22 Aug 2012, 10:25 PM Reply Like
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