A wireless communications carrier that offers digital wireless service in the United States of America, under the 'Cricket®' and 'Jump Mobile' brands.
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BOSTON (MarketWatch) -- There's a fine line between a "value play" and a "value trap." The trick for investors is figuring out what you've got.
A value play represents the purchase of solid assets on the cheap and a real chance to get some growth as the market catches on. With a value trap, the investment only appears cheap; when the market catches on to the potential problems, the stock calls and locks shareholders into a loss..
Consider Leap Wireless International Inc. (LEAP) , a stock that appears to be a good value, but which has sufficient danger to be the Stupid Investment of the Week.
Have to agree that this stock is junk. Hasn't moved significantly in at least 60 days. Should have stayed with Metro PCS (PCS).