Is it smart to buy NORTEL STOCKS again? - GoFuckYourself.com

Za Ha · 11-09-2003, 10:13 PM

I have a bit of cash on hand that I have put somewhere before I spend it on somethign stupid so I thought maybe Nortel stock.

The 52 week low was 1.17 and now its at 4.44

INFO HERE

Is it smart to get a few stocks (about 10,000 stocks) and hope it reaches $10. Or will it drop again?

chowda · 11-09-2003, 10:16 PM

no idea.. about NT, but personally, ppl play with this stock...

go for rothmans cigarette ROC. they are stable as hell
or the HSBC toronto. the share stayed 26-28 dollars within a 5 year period. its a safe investment to collect dividends on

$5 submissions · 11-09-2003, 10:16 PM

Economy seems to be improving.... so its anyone's guess.

Brad-Wishing · 11-09-2003, 10:17 PM

Looks like it is on a steady rise. I would buy in at this point I think if I had some money to invest for long term.

FlyingIguana · 11-09-2003, 10:19 PM

Quote:

Originally posted by Za Ha
I have a bit of cash on hand that I have put somewhere before I spend it on somethign stupid so I thought maybe Nortel stock.

The 52 week low was 1.17 and now its at 4.44

INFO HERE

Is it smart to get a few stocks (about 10,000 stocks) and hope it reaches $10. Or will it drop again?

I have a bit of cash on hand that I have put somewhere before I spend it on somethign stupid

cough*nortel*cough

Dax · 11-09-2003, 10:21 PM

I have own NT for a few months.. =) I would say buy it! =)

Validus · 11-09-2003, 10:23 PM

I myself am a Microsoft type stock liking person. I dunno, been lucky with them I guess.

woj · 11-09-2003, 10:23 PM

Another telecom stock worth looking into may be Lucent Tech (LU)
not doing bad at all either:
http://quote.money.cnn.com/quote/quote?symbols=LU

Veterans Day · 11-09-2003, 10:25 PM

The wise investment is real estate. Unless you catch an acacia type of thing. Bought at 1.58 sold 10k shares at 7ish' Real estate stands the test of time. FHA foreclosures picked up at 60-65% market value with 200$ in paint and some elbow grease will yield 10's of thousands instantly with little or no risk if thought out

Spunky · 11-09-2003, 10:27 PM

Throw half that amount on a test...seems reasonable

chowda · 11-09-2003, 10:56 PM

Quote:

Originally posted by Veterans Day
The wise investment is real estate. Unless you catch an acacia type of thing. Bought at 1.58 sold 10k shares at 7ish' Real estate stands the test of time. FHA foreclosures picked up at 60-65% market value with 200$ in paint and some elbow grease will yield 10's of thousands instantly with little or no risk if thought out

u do rehabs? u ever had the chance to do a wrap around on a mortgage?

no doubt foreclosures arecool. but preforeclosures is where the money's at

lazycash · 11-10-2003, 01:12 AM

Quote:

Originally posted by Za Ha
I have a bit of cash on hand that I have put somewhere before I spend it on somethign stupid so I thought maybe Nortel stock.

The 52 week low was 1.17 and now its at 4.44

INFO HERE

Is it smart to get a few stocks (about 10,000 stocks) and hope it reaches $10. Or will it drop again?

I think the stock is still undervalued, but I've been tracking it daily for a while and not so sure this is the best time to get in as it seems to have peaked for now. My buddy got NT at .65 and sold out at 2.40 and is kicking himself for not taking the full ride up.

ytcracker · 11-10-2003, 01:15 AM

SIRI sirius satelite radio
WNC wabash national
WMAR west marine

im personally vested in those for long term positions and they are all doing awesome

ive been in all three since august and theyve all seen significant gains

11-09-2003, 10:13 PM	#1
Za Ha Confirmed User Join Date: Oct 2001 Location: Still lost Posts: 5,112	Is it smart to buy NORTEL STOCKS again? I have a bit of cash on hand that I have put somewhere before I spend it on somethign stupid so I thought maybe Nortel stock. The 52 week low was 1.17 and now its at 4.44 INFO HERE Is it smart to get a few stocks (about 10,000 stocks) and hope it reaches $10. Or will it drop again?

11-09-2003, 10:16 PM	#2
chowda Confirmed User Join Date: Jun 2003 Location: Gooch city Posts: 9,527	no idea.. about NT, but personally, ppl play with this stock... go for rothmans cigarette ROC. they are stable as hell or the HSBC toronto. the share stayed 26-28 dollars within a 5 year period. its a safe investment to collect dividends on __________________ Someone finds you... 2007 PS: Nationalnet is the best host I've ever had. And i tried alot of them.

11-09-2003, 10:16 PM	#3
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Economy seems to be improving.... so its anyone's guess. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

11-09-2003, 10:17 PM	#4
Brad-Wishing Confirmed User Join Date: Oct 2003 Posts: 2,415	Looks like it is on a steady rise. I would buy in at this point I think if I had some money to invest for long term. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

11-09-2003, 10:23 PM	#8
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	Another telecom stock worth looking into may be Lucent Tech (LU) not doing bad at all either: http://quote.money.cnn.com/quote/quote?symbols=LU __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

11-09-2003, 10:21 PM	#6
Dax Confirmed User Industry Role: Join Date: Apr 2002 Location: USA Posts: 3,161	I have own NT for a few months.. =) I would say buy it! =)

11-09-2003, 10:23 PM	#7
Validus Confirmed User Industry Role: Join Date: Jul 2001 Location: Calgary, Canada Posts: 4,012	I myself am a Microsoft type stock liking person. I dunno, been lucky with them I guess.

11-09-2003, 10:25 PM	#9
Veterans Day Confirmed User Join Date: Jul 2003 Location: The Windy City Posts: 8,403	The wise investment is real estate. Unless you catch an acacia type of thing. Bought at 1.58 sold 10k shares at 7ish' Real estate stands the test of time. FHA foreclosures picked up at 60-65% market value with 200$ in paint and some elbow grease will yield 10's of thousands instantly with little or no risk if thought out

11-09-2003, 10:27 PM	#10
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,949	Throw half that amount on a test...seems reasonable __________________ *YOUR INFORMATION HERE*

11-10-2003, 01:15 AM	#13
ytcracker stc is the greatest Join Date: Dec 2002 Location: rip sean murray Posts: 12,403	SIRI sirius satelite radio WNC wabash national WMAR west marine im personally vested in those for long term positions and they are all doing awesome ive been in all three since august and theyve all seen significant gains __________________ www.ytcracker.com \| www.digitalgangster.com i love you