Re: Stock - dslreports.com

Author	All Replies
Tim Premium join:2006-06-19	reply to SKYWARP Re: Stock said by SKYWARP : Stock price hit a low low $19. This would be a damn good time to buy Comcast stock. A lot of people think cable stocks are severely undervalued. Witness the failure of the Dolan's to take Cablevision private at would have been a premium over the current stock price. With Comcast prepared to buy back 8.4 billion dollars worth of stock, that should prop up the stock short-term. But investors are still waiting to see both the effect of FiOS and whether or not Comcast makes a big play (presumably in wireless field). What Comcast needs is a really good quarterly earnings report.
Tim Premium join:2006-06-19	to forum · permalink · · 2007-11-20 21:41:46 ·
Bellunder @teksavvy.com	The Dow has to correct to 10,000 or below. Hedge funds have been trying all along to prop up the Dow the same way the hedge funds tried to sell gold short at the 690 level. This is an exercise in futility and the dow will fall just as gold rose well above the 690 area. It's no secret Comcast is one of the most shorted stocks and the short sellers have gotten rich already on this one. The direction of Comcast's stock is still sharply lower as well as the direction of the Dow and the NASDAQ.
Bellunder @teksavvy.com	to forum · permalink · 2007-11-21 00:49:58 ·
Tim Premium join:2006-06-19	Actually, Comcast is one the 5 biggest stocks decreasing in short interest. That means investors think it's bottomed and is going to go up.
Tim Premium join:2006-06-19	to forum · permalink · · 2007-11-21 01:48:26 ·


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