After opening lower on news of a major stock offering, Clearwire (CLWR) rallied, and finished...

|By:, SA News Editor

After opening lower on news of a major stock offering, Clearwire (CLWR) rallied, and finished the day up 11.1%; shares have now doubled from their October lows. Helix Investment is pounding the table for Clearwire: it thinks funding concerns are overblown as long as Clearwire can "hold Sprint (S) hostage," and believes a bankruptcy would actually unlock shareholder value, by forcing Clearwire to sell its valuable spectrum.