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Sprint Corporation Message Board

  • three3y3 Jul 11, 2013 8:08 AM Flag

    when issued

    anyone here think the price per share will ever go under the 5.85 its listed at once the gates open?

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    • It could short term, but I predict an overall up during the day because of the newness, speculation, retail investor over excitement and institutions who got out through all cash and only have their .26 shares wanting more. But 2nd q earnings will temper for reasons ive specified. give me under 6 and I'll probably buy more but will see how the market handles it. There is a huge amount of emotion here and people stuck with small numbers of shares may well decide to get rid off or buy more to round out their portfolios. A of moving parts which no one can rely on. We will see going into earnings. when things stabilize and new sprint trades as a normal stock with all the merger noise gone

6.73+0.08(+1.20%)Sep 27 4:01 PMEDT