M2 Jumps on Intersuisse and Lance Spicer October 29, 2009 1:13 am by Dean Morel
Intersuisse highlighted M2 Telecommunications Group (MTU) as one of their preferred stocks in their list of stocks under $1bn with estimated current year P/E under 14.0 times and expected yield over 5%. ROE – 26.7% Forward Dividend Yield – 6.7% Fwrd P/E – 10.1
Lance Spicer also reportedly tipped MTU is his newsletter yesterday.
MTU jumped 7.7% Wednesday to $1.54 on high volume of 404,514.
Disclosure: Long MTU
MTU Price at posting:
$1.55 Sentiment: LT Buy Disclosure: Held