Top 2%
Motorola's Q4 reports were not good, and the stock reacted accordingly with a 18.75% drop yesterday. But this huge drop in value is only a continuation of Motorola's downward spiral over the past few months. I think now is a good time to jump in when the price is so low for several reasons:
1. After the huge drop yesterday there's a good chance the stock will correct slightly up.
2. Even though the stock price may not have yet hit rock bottom and can continue to loose value, it will eventually stop and start climbing back up. Motorola is a large and well founded company, and sooner or later they will get back on the horse, so to speak.
3. From what I read they do indeed have plans, and have started taking actions that should bring them back on track.
This is not a game for the impatient, it will take months at least until some real gain is made. But I believe that gain is there to be made and so I'm putting my money today on Motorola.
Top 2%
latinpr0fit
Jul 15 at 3:30 ET
good for you
saludos latinprofit
Top 1%
guliamo
Jul 15 at 4:11 ET
I must disagree. I think Motorola is simply not as good a company as it used to be. They are simply loosing the race. Apple, Blackberry and Nokia are killing them on the cell phone business, Cisco on infrastructure. The value of the company two years ago was based on the success of the Razr line and their projected market share. Today Motorola hasn't got any new devices in the pipeline and have become a small fish in the pond. Add to that their CEO leaving, the terrible results. I don't think they will be coming back at all.
Top 1%
CountdeMonet
Jul 16 at 12:20 ET
You're right. Good spot to try a long with MOT as a trade against the low set today. Market could very well be setting up for a short term rally starting Wednesday. Will know more as it progresses but it could be reasonably substantial. Crude looks like it is breaking and that will bring back some confidence to the market - although it will be misplaced and ultimately a trap.