Analysts feel a LEAP sale could double the stock, or perhaps even drive it up to $16 a share.That's a 2 -3 times increase from where LEAP currently trades.However, shareholders need to remember that the CEO and BOD that failed to accept the $73 a share PCS buyout five years ago - stating $73 a share "undervalued" LEAP - are still in place today.So, if $73 a share previously "undervalued" LEAP, how can $10-$16 be a fair value price? This is a question the massive egos at LEAP don't want to be asked.http://www.bloomberg.com/news/2012-08-09/leap-jumping-at-sale-seen-as-best-option-for-carrier-real-m-a.html?cmpid=yhoo
These are the same analysts that said it would be much higher already. The spectrum isn't worht the debt, and Leap subscribers are worthless. So is the network worth that much? Doubtful.The probabilty of going to $0 is much greater than going to $16 IMHO.