Robert McWhirter
Nortel AS
NTEL-T
DON'T BUY
Jun 21, 2006
The techno analysis has said that if the stock dropped below $2.60, it would go to $1. His Quant model seems to share that view. It is in the bottom 1% of his database.
If you own the stock, you are playing that there is some value in the assets they own. The company is not a going concern. Have a huge deficit hole in their pension plan. Individual parts of the company may be better being sold off.