Whoa, poor Sprint...
The selling and short selling continue near record lows...
If institutions start unloading down here we may see Son drop the grenade and walk away...It is not his money, it is Softbank investors' dough. .
Where us Claure? On a Listenjng Tour???? When asked about it Claure used the only English adjective he knows, "amazing"....
Frida's market action was particularly hard on stocks with high PE multiples. The market is in the process of revaluing these stocks. Facebook took a similar -7.86% hit on Friday as did many of high multiple stocks. In fact if you overlay a one year chart of FB with TMUS you'll see a very similar graph. Right now we are in a risk off market cycle whereby investors are willing to accept less risk, in some cases far less risk, than even 4 or 5 months ago.
The present risk off market mentality will be less favorable to high PE, non-dividend paying stocks because investor who will hold a stock in a major market correction, or bear market, prefer to receive something back while they hold it and to feel that the dividend is reasonably secure. In other words, what works in risk on cycles does not tend to work in the opposite condition.
I can't forecast the price of T-Mobile but until and unless the investing climate changes you will likely see increased volatility with rallies and steep declines. If you believe in T-Mobile going forward and you don't foresee a need to sell it for other reasons then you hold it and ride it to whatever the low might ultimately be. If you trade on margin and can be option qualified you might consider PUT options to hedge your downside risk. If the PE multiple were already lower I would feel more comfortable about telling you not to consider hedging. If you elect to buy additional shares set specific price targets then execute.
$9% maybe but I am not so Sure Son whats anyone else to have control. Also we are talking two different networks again and you know what trouble that got sprint into in the past.
My guess it maybe a Spectrum sharing Deal with a much larger player or two and a tie up with Cable or Sat. company or maybe both. Son has shown he is not afraid of Partnerships or Spectrum sharing but I am not so sure he will include any competitor such as TMUS unless the network would be ready for just a flip of the switch .
Major point nobody wants to admit to is Son has made 2.5 GHz into a great network and it is used in many other countries around the Globe .The tract record is there just need the time to put it in gear in the U.S..
Remeber the 1st Asian car that hit the U.S. and all the bad talk about them ? Drive down the road now and see how the U.S is out numbered..
Recently an analyst stated that TMUS is worth $72/share on its own. Maybe much more in an M or A.