Recent LVLT news

[who8me2k7]

How do you guys feel after the downgrades to sell by the analysts on LVLT just recently? Do you think it will effect Cramer's stance on it? I am looking to put about $1000 into something right now, and am narrowing down my options.

[who8me2k7]

anyone?

[englishman26]

I'm still trying to figure this one out. The anal-yst concerned seems to be really cutting the stock yet raising his target. It's like he's either a bit behind or he just understands this a lot better than I do! I thought that there was a possibility of lvlt getting some more military communication contracts and that that was what was pushing the stock but all he talks about is internet video! I'm confused.

I don't own lvlt but I'm looking to get in for mt l/t account. Maybe the odd day trade in there too.

[stabbs]

Looks like it is hanging around 6.00. Ive been paper trading this one short since the doji. Its hard to tell right now which way this one will go but IMO at the end of today the charts should tell more.

[englishman26]

Well you've got one analyst saying it's going to $4.50 and another saying $8.50.

Technically $6 is a strong level - $5.60 is stronger though and I can see it hitting there after a short-lived bounce off $6.

I'm just waiting for the day after the reversal with upward confirmation the next day. I'll probably end up buying at $6 but after it has bounced off $5.60. We'll see!