Daily Stock Opinions and Ratings

Opinions

Rob CallanderNortel ASNTEL.TOWAITSep 12, 2006

Done a little nibbling on this one. There may be one event left in their turnaround. The one sign that they may have turned around is if they do a reverse split to move the shares into the $15/20 area.

Rob Callander

Owned

Unlock Rating

$2.60

Stock price when the opinion was issued

Telecommunications

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

Wealthica Track your Stocks in your Watch List

You might be interested:

COMMENT

Has been delisted on the TSX but is still trading in the US. In bankruptcy proceedings shareholders usually end up with nothing.

DON'T BUY

(Market Call Minute.) Not attractive at all.

SELL

You can do a lot better in any other communications equipment provider in the world. They are struggling.

DON'T BUY

Doesn't see any reason to buy a stock that is approaching chapter 11. This is like going to the casino. Pure speculation.

DON'T BUY

In the end game, it is going to be worth next to nothing.

DON'T BUY

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.

SELL

(Market Call Minute.) Take your few pennies off the table.

DON'T BUY

Speculative. Have a number of challenges coming out of bankruptcy.

DON'T BUY

Very sad story. Almost gone. Wouldn't touch it.

DON'T BUY

There is no fundamental reason to own this stock. Just a gamble.

COMMENT

There is nothing left. Management just couldn't get things turned around quickly enough.

SELL

Lots of nice assets that could be sold off but as a minor shareholder, you will not be a beneficiary. Sell it and realize your loss for tax losses.

SELL

Have huge pension and business problems. They were having problems when the economy was booming.

COMMENT

Has about $4 per share in cash. They are thinking of selling an asset that would raise about another $1 billion, which would add another $2 per share in cash. However, the overall quality of the balance sheet is as bad as he has ever seen it. Speculative.

DON'T BUY

The breakdown at the $6.90 level was pretty significant. At this price, it is more of a day-trader situation. Very high risk.

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Stan Wong

Private Wealth Management, ScotiaMcleod

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

Kim Bolton

Black Swan Dexteritas

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Rob CallanderNortel ASNTEL.TOWAITSep 12, 2006

You might be interested:

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Nortel AS(NTEL.TO)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stan Wong

The Weekly Buzzing Stocks by Billy Kawasaki

Jim Cramer - Mad Money

Kim Bolton