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7 pts

Opinion on  NII Holdings Inc (NIHD)     Sector: Services  >  Industry: Communications Services
Excellent Growth Story

Dec 14, 2006 08:25 PM GMT
Bull_flag_example
Return Risk
+1.17% HIGH
Associate

Latin American Digital Wireless telecom operator (competition is America Movil)...    Cell phone usage in LatAm is booming and this company has good brand in Mexico, Brazil, Argentina, Peru and Chile. 


Citigroup has a price target of $85.   


Technically, the stock is just coming out of a long Cup&Handle base -- touching $67 in May.  Now its $68 and has recently been congesting in the high end of the range -- telling me sellers are no longer active up here.  


http://photos1.blogger.com/blogger/1628/2735/1600/NIHD%20Large%20Cup&%20Handle%20Base.jpg


 


 


NIHD:  This call was made on 12/14/06 @ $68.67
Rating:   Positive   $68.67 (12/14/06)
Closed:   12/17/2006 @ $68.46 (-0.31% in 3 days)
Target:   $80.00 (+16.50%) in Three months


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Who voted on this idea?
Bauer24
demo24 61% 12/19/2006



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