Softbank is down because the buying company always drops. The idea that someone is interested in CLWR will give it a value regardless, if we get a bid, it will give it a value.
Getting clearwire in the spotlight will help.
You are good to sell sprint as have to dilute to make the deal happen.
Not true there are a lot of deals where the market likes the deal and both companies shares rise. 20% is a big move in a stock. The market has voted on that end of the deal that there is too much debt involved compared to the gains for Softbank. For Softbank this is their Nextel and we know how that ended up for Sprint. Like I said I sold my S shares near the close I'm done til the facts shake out took my gains and use them elsewhere. I believe CLWR will be under $2 after the open. A lot of fluff got in these shares from $1.80 to $2.20.