My Sister works @SBAC, She tells me "Overhyped, little growth ahead"
Word to those thinking about investing in SBAC. I agree with previous post about high debt and red ink w/no growth. If you want to invest in cell phone market, buy a cell phone company. Trying to buy into a high depbt industry is dangerous. With no visibility for 2013 ahead, none of the telcos are making big investment. My Sister works in headquarters for this company. She's telling me to hold off, insiders are selling, not buying. And, this is a last year story, not this year story. She tells me that office talk is cautious on earnings for this quarter and next 2 quarters. Sentiment is turning "cautious" and she tells me that upper management is alerting her and others to take their time in considering additional stock purchase in purchase plan. That's all they are allowed to say due to rules on disclosure. Anyway, be careful folks. You really need to know someone inside or you're definitely "outside" hoping and thinking you know when you haven't a clue. That would be the camp JC is in.