Level 3 Communications

Question

I think this stock is going to explode soon. It may go down to $0.55 or so, but if they pass this uptick rule, Its going to slingshot this back up over a buck. Parlay that with the fact these lawsuits WILL not go thru, its up to $1.25-$1.50. &#xD;&#xA; &#xD;&#xA;This is a company that has been improving quarterly, paying down debt, buying time on their debt. It goes down on good news, it goes down on market rally days and up on the market down days. Once we get the short sellers out, look out!!!

Sherman79 · Answer

I think this stock is going to explode soon. It may go down to $0.55 or so, but if they pass this uptick rule, Its going to slingshot this back up over a buck. Parlay that with the fact these lawsuits WILL not go thru, its up to $1.25-$1.50. &#xD;&#xA; &#xD;&#xA;This is a company that has been improving quarterly, paying down debt, buying time on their debt. It goes down on good news, it goes down on market rally days and up on the market down days. Once we get the short sellers out, look out!!!

Sherman79 · Answer

Here we go....Im hearing rumors about a possible buyout.  No credible facts, but if it happens anytime soon, we will see somewhere around $5. I think we will see over $1.25 next week though

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