April 19, 2009

Virgin Media share price

I know the US stock markets been experiencing a less torrid time of late, but the performance of Virgin Media's share price over the last month has been pretty impressive, up over 50%. Given that the last quarter's results were pretty mediocre, I'm at something of a loss to explain this turnaround. Is Berkett's broadband hype impressing the markets or was the stock criminally undervalued?

No comments: