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Virgin Mobile USA (VM): A wireless breakout? |
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| Sep 14, 2009 07:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Newsletters, Stocks to Buy "Virgin Mobile USA (NYSE: VM) is one of the strongest issues this year among the low-priced stocks; it has climbed from 76 cents to nearly $5," says technical expert Leo Fasciocco. Fasciocco is a technician and editor of Ticker Tape Digest, an advisory service that focuses on finding stocks that are breaking out from technical basing patterns. He suggests, "Based in New Jersey, Virgin Mobile offers wireless subscribers a choice in wireless service and innovative products without annual contracts; annual revenues are $1.3 billion. "The stock's long-term chart shows VM trading as high as 15. It was dragged lower during the bear market. However, the stock has made the turn and is now in an up trend supported by good earnings prospects. Continue reading Virgin Mobile USA (VM): A wireless breakout? Virgin Mobile USA (VM): A wireless breakout? originally appeared on BloggingStocks on Mon, 14 Sep 2009 14:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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