Fri, Sep 19, 2014, 8:35 AM EDT - U.S. Markets open in 55 mins.

Recent

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

Sprint Corporation Message Board

  • odgungor odgungor Oct 20, 2009 10:55 AM Flag

    REMINDER: "THEIR GOAL" is to knock margins off ($3.00) before earnings

    The recent downward trend very possibly does not have anything to do with the fundamentals or the technical parameters.

    1. Sprint ownership is 90% institutional and the instutional costs are very possibly under $3.00.

    2. Institutions have better access to additional security tools such as call options (maybe the shorts are also buying the calls!).

    3. Because if 1. & 2. above they control the stock anyway they want, up or down. Now, they can make more money by knocking off margins at $3.00 then by moving the stock price straight up.

    4. I expect better earnings excluding "some" one-time charges on the 29th and this is the rason why they are pressing to take the stock under $3.00 prior to the earnings.

    5. I hope SEC is already investigating the institutions who are selling or shorting now since it is very "probable" these institutions have / using "insider" information.

    Monitor the stock and do not get caught "in margin" if the stock approaches $3.00.

    Cordially,
    ODGUNGOR

    "Strong Buy" in a 3-month window

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
S
6.85-0.05(-0.73%)Sep 18 4:00 PMEDT

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.