Cat's out of the bag. The cover is blown. There's no denying it now...
It's different this time. In the past there were legitimate concerns regarding Sprint's ability to survive. Maybe so, but now it is very difficult to make a case against Sprint.
Superior Customer Service
Taking Market Share
Network Vision and the associated savings
Apple derivative (pent up demand for iPhone5)
Unlimited Plans (for less)
Growing Business Customers
Dropping Nextel (like a bad '66 Mustang transmission)
iPhone prepaid market
...add your favorites to the list...
Last but not least - one can smell PROFITABILITY. There's no denying that once the bleeding of NEXTEL stops and the completion of the new network occurs, this cash cow will be gushing with dollars.
Even the "slow ones" can see it now. Those that once lacked vision all of the sudden have 20/20 eyesight. It was once "in vogue" to slam Sprint. That's over. Look at all of the positive articles and upgrades. No one with any credibility would dare slam Sprint at this point in time. They would just look ridiculous (like our resident knuckleheads here on the MB).
Hesse has pulled off a textbook turnaround. Yes, it is still in progress. But there ain't no denying it now.
Sprint is on it's way to profitability and everyone knows it now and no one wants to "miss ships' movement" (to use a seafarer's phrase).
Are you onboard?
Sentiment: Strong Buy
The reason I sold all of my Apple shares when it was trading at $650.00 was because off the strong abuse of their factory workers in China. Although some of the reports were not accurate, most of them were. I even heard on NPR about one Chinese city becoming complete devastated due to the pollution of a new nearby Apple factory, Chinese being interviewed were distraught at having to move, effects were so bad. Many people got very sick. I simply could not feel good making money on other's suffering.
Sprint is an amazing company as far as caring about the environment - ranked #3on Newsweek's Green Rankings for 2011. Also last Q3 update, Dan Hesse said they couldn't dismantle some towers because of large groups of nesting birds. Is there any company that cares as much? And now a huge buyback program to recycle customers old phones!
Point is, I feel great investing my money in such a great company. It's the way I want to live my life - with integrity.