news out -GM likely to survive. Markets back up. S will too.
if GM can survive. any company can. Sprints prospects a lot better. I think there will be more positive developments tomorrow and the market will move even higher and so will S.
its everybody's own decision but I would not panic is sell, does not work very well. IMHO, Hold and think positive on Sprint. for last 5 days S been dropping like run away train. Sprint even had a few positive news articals but I guess people who implant fear help in bringing the stock down. I am not panic'ing about S, we'll make it above $4 for sure. S should rally much before WiMax Deal is announced. All the bad stuff's out, there could be other good news coming tomorrow or in couple of days - don't want to comment at this point.
Earnings Earnings, forget the other stuff, Earnings is the only thing that will make this stock move, except maybe a takeover, but who in their rite mind would want a company loosing so much money and so many customers ??