Wed, Aug 27, 2014, 2:54 PM EDT - U.S. Markets close in 1 hr 6 mins

Recent

% | $
Quotes you view appear here for quick access.

Clearwire Corporation (CLWRD) Message Board

  • rolfledolf rolfledolf Feb 14, 2013 1:44 PM Flag

    CLWR is a zombie company

    For better or worse, CLWR is a zombie company until the buyout offers are resolved. Thus, the volume is negligible. It seems like the shareholders are splitting the middle between S's $2.97 and Dish's $3.30. Mathematically the difference would put the share price at $3.135, so there's a slight edge to the Dish side. That is why I said the other day that the Q4 results didn't matter. Prusch, who, for all purposes, is a Sprint employee, gave a zombie-like report. Hope and John Saw are basically hostages. We're all hostages until this gets resolved, but there is no meaningful selling, and that has to make the longs optimistic. In the meantime, all we can do is hope that Crest, Mt. Kellett, and whoever else are going to bat in the interests of the independent minority shareholders so that Sprint's attempted heist will get foiled.

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.