"Bernstein has downgraded the stock to “underperform” from “market perform,” saying the risks of bankruptcy for Sprint are rising, although the firm is not predicting that this will occur." What is this alll about? They toss out the work "bankruptcy" and then follow it up by saying, "although we are not predicting bankrupcy will occur."Mention the word bankruptcy in any call and it sends investors running to the hills.The fix is in my friends.
What goes around comes around - maybe clwr should state that a sprint bankruptcy could be constructive to chime in with the hesse comments from last october........
Someone's short position was getting away from them. Crooks.
I guess Bernstein put a lot of investors into short positions in S recently. Then it rallied. Funny.
Like I said a couple of days ago, it couldn't last........
it made my dad call me since i manage his ameritrade account.....these cockroaches will be exterminated eventually......pete
It's just smells very fishy after the good call from Wells Fargo and the increse in share price last week.