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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

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    • 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

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