Does Clearwire's Rally Have Legs?http://www.fool.com/investing/general/2012/07/27/does-clearwires-rally-have-legs.aspx Anders Bylund
July 27, 2012
Clearwire (Nasdaq: CLWR ) is on a roll this week. Shares have jumped 20% from Tuesday's closing prices, egged on by positive earnings report from the company itself, as well as from central partner Sprint Nextel (NYSE: S ) .
On the other hand, this drastic climb simply brought Clearwire back to price levels last seen, oh, ten days ago. The trampoline-like action begs the question: Are the resurgent bulls right about Clearwire's prospects, or should you listen more to the bears?
In the secon