LEAP to bought out.. This wagon is PRIMED. Revenue up 21% as Short position rose to OVER40%. No Brainer,, Manufacturing of Cell phones & Components is going through the roof.
LEAP consist of just 80 MILLION Shares.. Look that up..
Revenues are OVER $3 BILLION annually...... Find me another company with only 80 MILLION shares that has revenues of over $3 BILLION annually and reflects a Market cap of less than $500 Million.. \\
LEAP is a package deal and could attract a buyer other than ATT,VERIZON, Sprint or T-Mobile...
The VALUE is in SPECTRUM.. Hang on for the ride..
Offers will come in but will its management hold for Highest and Best.. WHO says it has to be another Mobile Phone Giant to buy LEAP. With a market cap of 500 million. because share price has been shorted to the floor.. SHORTs might just get caught napping..
do the math.. 80,000,000 (80 million shares x $6 (price per share) = Market Cap $480Million..
$500 Million would be a "drop in the bucket" for some that might like to own a Mobile Jaugernaut with a GREAT Business Model and Great LEadership..
Very little Risk in buying LEAP out for as much as $15 IMHO.. $1.5 Billion for a Mobile Company that is LICENSED Spectrum for 137 MILLION People at a time when Manufacturing and demand for mobile is jumping off.. NO Brainer!
Buy and Hold.. SHORT SQUEEZE coming.. $700 MILLION Cash staves off any threats in term.