What do you think of buying Covad Communications (DVW)stocks for an investment?

Why? This company is not profitable. It may and can easily go into bankruptcy.

This stock sucks! It's at a 5 year low and is has been sliding since year 2000. Investors Business Daily rates this stock a 15/100, letter grade E (lowest grade). Earnings per share is rated at a 2 out of 100. It's relative strength is rated at a 1 out of 100..which means it's part of the bottom 1% of all stocks.

The stock dropped over 4% today on higher volume. 2,636,800 shares traded today..that is more than 3x the normal volume for this stock. That means people are dumping.

Your money is better spent elsewhere. If you buy..it's more of a gamble, not an investment. You can gamble that some huge news will come out and the stock will go up a few pennies or even a dime, which is 5-25%. Nothing like that has happened the last 5 years...doubt it will anytime soon.

I bet it goes bankrupt before it breaks $1

I鈥檒l definately give this stock a miss for now, as the stock is currently looks like its consolidating a nice double bottom, It鈥檒l be interesting to look at what鈥檚 the stock is going to do for the next year. The company does not have the best fundamentals in the year, but itll be interesting to look at what it will be doing for the next year, as it has enough time to prove itself fundamentally and technically.