Homey
A dollar would suggest no net gain from either the FTTC or AT&T deal. Highly unlikely unless management screw up big time.
Even the very conservative Cannacord forecast based on CAF-II funding for 1.1mil households has a target of $2. Why would Ken and David purchase hundreds of thousands of shares well above $2?
Homey, how can you justify a drop towards $1? What is your rationale? The end of 2017 is when the revenues should start cranking up.
There seems to be a major drop in confidence beyond the most conservative forecasts! Not enough buyers even at these prices.
Any more opinions out there?
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