PCS will go DOWN
$7.50 on 11/19/08
$7.05 (-67.36% from time of market call)
This is purely a speculative opinion. I'm not understanding why the metro PCS Stores are starting to look run down, and the phones they offer are very cheap. It seems that you can walk into a T-mobie store or a Best Buy (That doesn't even focus on phones primarily) and the phones almost seem space age. It's really giving me the feeling that Metro will shut down soon or sell to one of the others like Cricket. Initially I belived that the other companies would have trouble competing with Metro and Cricket. But as the tides begin to build its beginning to look like they don't even have to.