If VZ earnings are good (especially subscriber numbers) everyone will know it is at the expense of Sprint.
With the Nextel (IDEN) units being shut down. (Approx. 2.1 Million remaining as of March 1st)
Gov't Assistance/Assurance Pre-Paid clean-up. (Approx. 1.3 to 1.5 Million deactivated subs in Q2)
Poor network performance and customers leaving because of it.
Sprint could report a loss of subscribers that exceeds 3 Million users in Q2 as all hopes of revenue and subscriber growth is all about 2014 and beyond. The focus on the 2nd half of 2013 is all about improving their network as it seriously lags Verizon, AT&T, and even T-Mo currently.
Today's expectation is that Sprint will report a loss of 1.5 subscribers tomorrow morning per Investors Business Daily. I still believe the losses are much worse (closer to 3 Million), but if the subscriber losses are anywhere close to 1.5 Million it tells me that Sprint has pushed off some of the losses to Q3.
Agree, if it goes to 5.60 to 5.50 I'm buying as I've said. But I expect Son to be on the cc and lay out a vision/outlook which if the street buys I think 6 plus or minus 5 cents is very possible. After all that's only roughly 25 cents. If great vision, 6.20, if vision is poor or not bought by street my low will be retested. Big wild card but i'm betting up to 6ish as I have confidence in Son and the merger story. Just don't know exactly when the street will buy in.