According to the Fly on the wall, Leaps spectrum just went up in value after taking into consideration what Tmus bought spectrum from US Cellular. What Leap's spectrum value is worth? I'm not sure, there are smarter people out there that can value it.
If you look at the valuation paid by T Mobile for US Cell's spectrum. Using the same multiple and valuation, it would mean Leaps value of just their spectrum at 2B. That is what the stock is up 7% today and will double over the next 90 days. Leap is going to get taken out, this now validates a company that wants to buy LEAP and finance it. There is market proof now what the value of the spectrum is worth and that is all that was needed. See you at 15-16 per share.