Euteneuer is no dummy....he is pretty slick...his past trades were very accurate in determining the stock direction in the coming months after his trades....don't bet against this guy!
I will be holding over the weekend ....there's obviously pending merger/partnership announcements coming with Speint...usually the news breaks Monday mornings. Don't want to be caught Short or Out of your position come Merger Monday announcement day!
Big boys want in on the potential of this Google project while the price is still in single digits!
Still much cheaper than when SoftBank took over at $7....
Buy now while there's still a chance to get in cheaper than Masa Son did!
Good points TR...you know a lot more about this industry than I, but it does seem that Sprints lack of innovation has more to do with lack of scale and limited funds to build out a similar sized network. Half the customer base means half the revenue means half the network. Simple math really. And I'm not saying Verizon isn't innovative, they are, but it's just that they can afford to take big technology leaps with their network in a broad deployment and advertise the hell out of it, and still make a nice profit, due to their scale from all the previous mergers. It's an enviable position that hopefully Sprint can someday achieve.
GTE merged with BELL ATLANTIC merged with VODAPHONE merged with ALLTEL merged with UNICEL....making VERIZON the largest carrier in the country by subscriber count.
Very Innovative indeed......
It'll be interesting to see what Apple does someday once iPhone profit margins get squeezed or once the device just loses its "gotta have it" mojo again. Nearly all of Apples profit is from iPhone sales. Will they expand into offering service/content to keep up with Google and diversify its future revenue streams? This could get really interesting in the next few years....
"I’m confident we have a strong team, and the right plan and resources to be successful. I’m excited to be part of Sprint and I believe the day will come, and is not so far away, when we catch up and even go ahead of our competitors "
J. Miyakawa TCOO
Selling Google access to their wireless networks would help Sprint and T-Mobile recoup some of their extensive investments. If Google's entry into the wireless market is successful, the company may even try to take over Sprint or T-Mobile, Menezes said. "This could end up being a 'try it and then buy it' strategy," he said.
Nobody risks 25 million because they think they could make 50%....they risk 25 million when they think they can make multi-baggers! $20+ is What Claure is likely thinking.
AK Steel insiders bought blocks of 10 or 20 thousand shares.....Claure bought 5 MILLION shares...that is a HUGE insider buy that carries a lot more weight.
WOW! That is a HUGE vote of confidence....investors have been waiting for this buy signal!
Hope ya'll bought more under $5! And if you're short, youre FACKED....
Ripping the little guy off with bogus "our opinion" downgrades to scare retail into selling at the bottom. They should be fined for this stuff...look were already back to $5!
Split it up between the other 3 players evenly...55 million customers, loads of spectrum, and one less competitor! It's obvious 4 players is too many and unsustainable. $25 per share would be a great deal for ATT ,VZ and TMob to eliminate Sprint. We've gotta do SOMETHING to unlock the value here. Come on now!
Son can put the company up for sale, $25 a share. $100 billion total. Split it all evenly between Tmobile, ATT, Verizon. For $33 billion each they get all that spectrum, 55million customers to split up, and approx 13 billion in added revenue per company with one competitor taken out. That is a bargain! Assuming the FCC would allow it. But hey according to the hit piece stories, Sprints doomed anyways so there will be only 3 wireless carriers soon regardless, so why wouldn't they allow it?