Leap Wireless International, Inc. (NASDAQ:LEAP)

hasn't been profitable for a while and don't see it happening anytime soon

The only people who get a Cricket phone are the ones who got dropped from Verizon, AT&T and Sprint for not paying their bills. Cricket's customer base is comprised of the people no one else wants as a customer. No contract means no guaranteed steady source of revenue. With all the pay-as-you-go options out there, these companies just aren't going to do well unless they can really compete with the prices of the big names, which they don't unless you are and individual with a single phone.

Relative Bounce Likely Complete, Fall to Resume

here we go again

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.

Watch to test $15.30 to buy or push to $18.60.

Great low price offers hard to beat.

I don't know what they are doing in the rest of the country, but Cricket is taking market share from every other provider in the DC metro area. I like telecoms in general, long Sprint in real life, want to add some LEAP to my portfolio. I favor Sprint for long term yields, Leap could leap up in the short-term though, VZ or T might buy it up, who knows mabye even Sprint after just buying Metro.

economy is still recovering and people who has not yet find way of raising income will prefer leap over other carrier and management at leap is finding ways to merge or get bought which will benefit company and share holder at current price. as anyone who will buy leap need tp bid atleast $35

Want to survive, then merge up. It's what will get you up leaping again.

I think, they might merge up with PCS... Its more likely now with AT&T entering the market and the 2 companies combined worth will be more than the current pps...

Its now trading near to 52 wk low and I dont think.... its going lower than that....

Testing out a portfolio with outperforms on stocks with tickers that spell words.

Negative earning, bear market, high short interests...

Stock miss the earning by 10 cents expecting -17 cents loss and report -27 cents loss and the stock rice 5 points

the stock value is high teen is over value at $42.75

if you are short hold on don't buy the stock long

Strong Q4 earnings, subscriber growth

easy money

Unfairly drubbed for slowing growth during the subprime stuff. Lots of market-driven growth ahead.

They got momentum, now they need more earnings. Still a young company could go either way. Leap of Faith, anyone?