clwr up > 6%, s barely moves...what's up with that?
Just did the math on relative price sensitivity of CLWR and S.Looks like for every dollar CLWR share moves, an S share gets 6.8% of that (or 7 cents). So a $0.41 positive move today in CLWR would have added value of $0.03 per share to S.S owns 56% of CLWR....got the shares O/S from YHOO key stats...EBIT
Sorry...it is 56% of what I just said...so a $1.0 dollar move in CLWR equates to a 3.8 cent move in S stock value....tday's 41 cent move in CLWR would equate to a 1.57 cent move in S stock.EBIT
do you realize even though S owns 56% of CLWR that that equates to .05 shares of CLWR per share of Sprint so CLWR being up 50 cents equates to 2.5 cents to S. Does that answer your question? Not a bad deal but just a speck.