Frontier Communication (FTR)

We currently hold a very small position in FTR and will be selling out of it this coming week. We have 43 shares which represent roughly $370. This small position was acquired through Verizon Communications. FTR's stock performance has lagged the S&P500 this year by 15%. The stock is trading with a high P/E of 32 and has a current ratio of .82. EPS this year has declined 40% and the outlook does not look positive.