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America Movil: Latin American Wireless Provider Extraordinaire

Posted on March 11th, 2010 in AMX, America Movil SAB, India Shares, cellphone, wireless

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Premiere Latin American wireless provider America Movil SAB de CV (AMX), first mentioned here on June 24, 2009 at a price of $36.47, remains a new business titan with promise.

Look America Movil to post 10-12% revenue growth in 2010, followed by 11-14% revenue growth in 2011, led by improving performance in two, key markets: Brazil and Mexico. Subscriber growth should remain in the strong 9-11% range.

Continue reading America Movil: Latin American Wireless Provider Extraordinaire

America Movil: Latin American Wireless Provider Extraordinaire originally appeared on BloggingStocks on Thu, 11 Mar 2010 18:00:00 EST. Please see our terms for use of feeds.

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MetroPCS Is Testing Investors’ Patience

Posted on March 09th, 2010 in India Shares, MetroPCS, cellphone, pcs, prepaid

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Prepaid wireless play MetroPCS Communications (PCS), first discussed here on December 21, 2009 at a price of $7.55, ‘the little engine that might,’ has gone in the wrong direction — down — in the past three months.

Note: I consider MetroPCS to be a high-risk stock not suitable for low/moderate-risk investors.

Even worse, technically, the chart has formed a bear hug — a bearish trend in which the stock rallies to the key, 50-day moving average, only to decline again. Typically, the stance would be to close the position. However, a recent pop above the 50-day MA provides some hope, so the stance is to maintain the play.

Continue reading MetroPCS Is Testing Investors’ Patience

MetroPCS Is Testing Investors’ Patience originally appeared on BloggingStocks on Tue, 09 Mar 2010 18:00:00 EST. Please see our terms for use of feeds.

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