VM is at a low point. Their stock price sucks. Their stock has only been out for a year, and they should pick back up. They have "unlimited" funding, because the founder is a British Billionare, who i wouldn't doubt is willing to pour millions into the company to keep it afloat until it has a strong income and customer base. They just aquired a new company, and will get 130,000 more customers because of that. They are also lowering their minute price to 8 cents per minute. Also, their 'pay-as-you go' model of cell phone is pretty dominate in Europe and foreign countries, so this may catch on in America. As the company expands and gets more towers, they will be able to offer cheaper prices - and my theory is that they will be backed by lots of money until this happens.
Good luck everyone!
$2.8 (08/22/08)
