If the world does not fall apart and after the election there will be made an offer to 'acquire' TMUS. Recently I read a statement by an analyst that TMUS has a value of 78/share on its own. If this is correct my bet is an offer will be made of 100+/share. We must wait and see. If an offer is made before the election it will be below 78.
I thought that the pps this Brexit week would go down to 3.50. Doesn't look like pps will drop very much now. Placed a new order at 4.40. I still believe that the pps of S will exceed 10. mo
I thought last Friday and Monday when the mkt was down S pps would drop to 3.50/share. Had placed a big order. It didn't happen. Sad I didn't buy, glad pps went up. mo
The way I understand the tax law, you do not have to pay tax on a gift. At the time TMUS gives you the stock, it is just a piece of paper. It has a value, but it is not income at this point. The only time you have to worry about the IRS is when you sell the stock. At selling time the stock cost you '0'. When you sell it at market you make a profit, then this profit is reported as income. jmo. I feel confident that this is the way the stock should/will be handled. Think about it.
TMUS is giving you the shares as a gift for being a subscriber.... They have no income value until you sell them.. You do not have to pay any income tax on them until you sell them.
There should be no problem with the IRS. TMUS is giving you the shares-gifts. They are not income. They become income only when you sell them. Filing time if you sold them then you would have income of what you sold the shares for minus broker fees. When TMUS gives you a share it costs you nothing, it is a gift. I think most people are making an unnecessary problem for them selves.
So far, I do not know all of the facts of this stock give away to customers. Remember, nothing is free.
Take a look at the common stock. SB now owns 85%, institutions own a bunch and insiders own a bunch. Analyst have stated that Sprints assets are worth $50+ billion. Upper echelon mgt is working hard to turn this ship around. MO says there is less than 10% of the shares on the open mkt. Anything can send the pps down to the pennies or at the same time send the pps to $100. MO if you own S, I would hold it. I believe the pps will go in the 100 dollar direction before it will go in the penny direction.
With the way about 95% of the common stock is held the pps can go to pennies or to $100 per share. My bet is that it will approach $10/share by the end of the year.