Stock Analysis: Sprint Nextel Corporation is a high-risk stock. If an investor has already purchased the company's shares, I'd hold them. If not, I'd consider buying a 50% position in S now; then buy another 25% in two months, if U.S. economic conditions don't worsen substantially. Under any circumstance, don't buy more than 75% of my S position before January 2012 and I'd put a sell/stop loss at: $1.25.
People will be defending it as well... At 2.40$ I don't see much more you can downgrade this stock.. lol Well see though, I'm back in @ 40k @ 2.41$... I will sell as soon as I see 3$+ again which will come.