Thu, Dec 25, 2014, 1:18 AM EST - U.S. Markets closed for Christmas

Recent

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

Sprint Corporation Message Board

  • kyeung26 kyeung26 Dec 7, 2012 11:17 AM Flag

    Any thoughts about the CSO selling 226K shares ?

    If Sprint is having a bright future with funding from ibank, what are the motives for the CSO to sell these large amount of shares ?

    Sentiment: Hold

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • As I posted this message on the CLWR board.

      maybe he just needs it for Christmas shopping or is worried about falling off the cliff.

      I would have to believe it is more like the cliff problem at this point I have looked for a lot of dumping to go on not only with Sprint/Clwr but all companies why lose to the tax man when you can always buy back in or get it back thru awards.

      Simple math my friends

      Sentiment: Strong Buy

      • 1 Reply to ohiomale216
      • The cliff thing might be a affect. But if the stock price is heading to a double digit next year or two, why would he cash our $1 millions instead of cashing out $2(+) millions next year or two. That I don't get it. The buy back concept doesn't make sense for such a company that is now heading towards a greater success. The cliff might drag down the price a bit, but in a long run, it's a win. Unless he know something that will negatively affect the company in a nearest future, and that's something I am concerned about.

        Sentiment: Hold

 
S
4.19-0.05(-1.18%)Dec 24 1:00 PMEST

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.