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リープ・ワイヤレス・インターナショナル Message Board

  • ieatmonkeybrain ieatmonkeybrain Aug 17, 2012 1:53 PM Flag

    Positive Catalyst but a little worried

    A partnership or buyout would rocket this stock, but long term I am worried. Analysts have said their spectrum assets are not enough to cover the debt. They are hemhorraging customers. They had over 100 million in negative cash flow next quarter. With competition from StraighTalk and other MVNOs, I don't see how they can gain customers. It seems like continued customer losses will continue to aggravate cash flow losses. With current cash on hand, they have about three quarters to either get bought out or turn this ship around...

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    • Basically, you are correct.

      A quick look at the stock price confirms that LEAP management has been failing for YEARS.

      So the hope is that perhaps they have finally gotten a clue, and will now sell to a more competent entity.

      LEAP management is absolutely HORRIBLE, however, so there's no promise that they'll collectively grow a brain and finally do something intelligent.