Mon, Apr 21, 2014, 5:23 AM EDT - U.S. Markets open in 4 hrs 7 mins

Recent

% | $
Quotes you view appear here for quick access.

Sprint Corporation Message Board

greekmonster101 32 posts  |  Last Activity: Feb 17, 2014 1:30 PM Member since: Nov 19, 2008
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • greekmonster101 greekmonster101 Feb 17, 2014 1:30 PM Flag

    Paulson has a real eye for telecom...he of course had a large position in Leap and cashed in big........I also really like the way Cooperman looks at stocks...every time he is on cnbc what he says just rings true...Sprint is his largest holding.....these guys can see value and they don't mind a bit of a wait if that's what it takes......ok, maybe it takes 2-3 years but if you triple your money, who can complain....to listen to the idiots in blogs or God forbid this messag board, if you don't double your money next week, you're a loser.....truth is that is HOW you end up losing....

  • greekmonster101 greekmonster101 Feb 16, 2014 10:28 AM Flag

    BH, you are again correct.

    Technically speaking there was an outside reversal, I'd argue Feb10 as a re-test and then the recent strength as confirmation though getting above $8.73 would for sure act as confirmation. The rsi and macd are now coming up from oversold, the macd is just at the signal line, the rsi saw a divergence before changing direction.

    All that said, IMO Sprint is not really a technical trade, and I find myself laughing at those who offhand suggest such trades with Sprint, this includes the the penny-ante short crowd, the 20-cents-this-way-or-that crowd, and the looney tune crowd......since all the technicals in the world will not overcome the event-driven aspect of Sprint right now.......why someone would bother with such is only eventually answered when they invariably guesstimate wrong.....the answer of course being "they shouldn't have bothered"...... oh well, to each his own, it's not my money....well, until it is my money...LOL

  • greekmonster101 greekmonster101 Feb 16, 2014 9:43 AM Flag

    BH, I concur. Also, note the 13F filing by Paulson just out, he's interviewed by the wsj/money beat, interesting comments - the argument that can be made to regulators on S/TMUS is a strong one.

    Also note latest institutional holdings out, by my tally 600 Million+ of the 720 Million or so shares in the public float (stub) are in institutional hands (note paulson now at 60 Million), when you combine this with approx 80 Million short and the entrenched holders carried over from the SB merger and including entrenched retail guys like many longs here (70 Million total in those two catagories let's guesstimate, could be more).....you add this up, 600+80+70=750 Million.....where is there much in the way of any significant quantity of available shares at this price point..... ?

    From WSJ:

    MB: You’re a shareholder in Sprint. Will they actually make a run for T-Mobile? Will it get approved?

    JP: “As a shareholder of Sprint, we know how difficult it is for them to compete against AT&T and Verizon. I’m a firm believer that allowing these two companies to merge creates more competition, and it will result in better and faster improvement in the wireless industry. Sprint and T-Mobile don’t have enough scale to compete in the industry against AT&T and Verizon. Together they would be a formidable competitor.

    The more regulators understand that they will agree. I think Sprint will pursue it and will convince regulators that it should happen. Masayoshi Son [Softbank's CEO)] sees the speed of networks in Japan and sees how fast they could be here.”

  • Reply to

    SB earnings presentation

    by greekmonster101 Feb 13, 2014 9:19 PM
    greekmonster101 greekmonster101 Feb 13, 2014 9:47 PM Flag

    also note the section specifically dedicated to Sprint toward the end of the earnings presentation......does a much better job of highlighting the key points of the turnaround in progress...shows it graphically...very nice

  • greekmonster101 by greekmonster101 Feb 13, 2014 9:19 PM Flag

    Interesting to look at how SB reports ebitda, net sales, debt/ebitda multiple, etc.....and the emphasis on market cap and moving to #1 globally.......

    Sprint and the US market is clearly key to Son's ambitions globally.....Sprint's balance sheet, market cap, earnings matter in a direct way to SB and how SB reports.........

  • Reply to

    Motley Fool / Sell Sprint

    by billbrittain3 Feb 13, 2014 6:54 AM
    greekmonster101 greekmonster101 Feb 13, 2014 8:54 PM Flag

    writer doesn't even know how much of Sprint SB owns...typical hack job hit piece....you would think these losers would at least get the basic facts right...LOL...seriously...why bother to write an analysis piece when everyone can see that the writer clearly has done no research and has no idea what he's talking about.......I'd be ashamed to put my name on that article....my God what the online media has come to, pathetic

  • greekmonster101 by greekmonster101 Feb 13, 2014 6:22 PM Flag

    I am always amused with the analyst game.......when you look at price targets of various analysts, one "highly reputable" firm has it at $4.50, another at $10.00....

    ...now maybe this doesn't bother anyone, such a wide divergence.....but look, these guys are the experts at evaluating companies, these are the guys who peer behind the black curtain and tell us all what it's REALLY worth....these are the go-to guys, possessing accumulated wisdom older than the markets themselves, firms filled with the best and brightest.......and yet these two expert firms come up with valuations that differ by about $22 Billion.....22 BILLION ? Whole company is only worth about $32 Billion right now.....

    ...one has it at about $18 Billion and another $40.......shouldn't that bother someone, that the "experts" disagree by more than half the price of this multi-billion dollar company....

    ......to answer really what is a retorical question seriously.......really it should bother no one......for the whole analyst game is sheer folly.......just nonsense.......no more reliable than were we to attempt to interpret the chatter of a team of monkeys .....seriously.......

  • Reply to

    TMUS

    by greekmonster101 Feb 13, 2014 11:23 AM
    greekmonster101 greekmonster101 Feb 13, 2014 11:33 AM Flag

    One other comment, I think the stock price of Sprint benefits either way (merger or no merger).....as I have said before, the merger flows from the value of Sprint......at present Sprint is quite undervalued.......this based on Spectrum, turnaround status as Sprint moves into margin expansion, SB backing, clwr and SB merger synergies, quality of NV and Spark build ........

    .......value attracts value, value opens the door to possibility as in mergers, but the value exists nonetheless......my fair value pps for Sprint remains at $18, recently moved from $15 to $18

  • greekmonster101 by greekmonster101 Feb 13, 2014 11:23 AM Flag

    TMUS is trading similarly today, certainly appears the market thinks the S/TMUS deal is still likely.

    To borrow an old aphorism, I would look at the deal as .....where there's a will there's a way.....

    This deal given the "will" of Son, SB, DT, S.......comes down to how much do they want it.....what might they be willing to give up in the form of divestitures, what political markers might turn the tide, what assurances/promises need be made........

    ...bottom line, it CAN get done, it's a matter at what cost, and is that cost worth it.........while the media focuses on a black and white will it or won't it, factually the world is never black and white......the more likely issue at hand is Son's assessment of what it will take to get it done.....and is that worth it.......

    ...IF Son goes ahead, it will signal that he sees an acceptable way through, not some percentage probability of success, not some black and white hope the dice roll seven, but rather a nuanced view that it will get done with some acceptable range of concessions.........

    ...IF Son does not go ahead, we have our answer straight away, it just wasn't reasonably there to do.....

  • Reply to

    These earnings are again to the point that

    by greekmonster101 Feb 11, 2014 10:08 AM
    greekmonster101 greekmonster101 Feb 11, 2014 11:36 AM Flag

    yes, good point whigglee, and it aligns with Cooperman's earnings comments as to time frame....of course one would expect the market will move in advance of the improved earnings......what people seem to fail to realize is that these margin improvements are pratically speaking a foregone conclusion given they come from the savings in iden shutdown, numerous forms of savings via NV, savings regarding clwr structure, savings via efficiencies related to Softbank (such as handset and other equiptment savings, administrative efficiences, and misc items such as favorable deals via Brightstar) ......

    ....people simply do not seem to realize that these add up to GREATLY improved margins and yes.......profitability.......and NONE of this is baked in....none.........which by the way has to be the most ridiculous analyst comment I've ever heard...where about 6 months ago Credit Suisse wanted to bake in the improvement 2 years in advance....LOL.....you can't bake in and discount the earnings 2 years in advance.... ...and somehow come up with the idea that's baked in......it really has to be the most ridiculous analyst fantasy comment I've ever seen........anyway, go out a year and a half from now, take the earnings Cooperman outlined, put a avg P/E on it.......and you get $25.....you can't say earnings are discounted 2 years in advance.....I still LMAO every time I think of that call.....

  • Sprint is undervalued in the extreme.....it is valuable with or without TMUS......one would be best served in evaluating Sprint and its prospects by looking at Sprint's fundamental/intrinsic value...ie. Spectrum holdings, NV and Spark build, status of the turnaround as it moves now to margin expansion, SB backing.......

    Deals such as with TMUS or Dish or Lightsquared flow from this intrinsic value.....just as the SB deal occured because Son saw this value.......

    This should also serve as a clear lesson regarding the media, how hard did the media work in recent weeks to create negative sentiment going into earnings....so many carefully worded truely misleading comments......

    I believe Leon Cooperman put it most simply.....stating earnings projections in two years (now about a year and a half) that using an industry average P/E, backs into a $25 per share price......he commented on how well run Son's companies are.......it all flows from the fact that Sprint has 2x the Spectrum of AT&T or Verizon.....that the NV and Spark builds blow the others away......that Son's influence will make for a very efficiently run ship ..........

  • Reply to

    Foolishness of SHORTING Sprint..!!

    by backhaulking Feb 7, 2014 7:41 PM
    greekmonster101 greekmonster101 Feb 7, 2014 7:57 PM Flag

    I simply do not believe the shorts here ...that there are any retail unhedged shorts with any serious money short....anyone can short a few thousand shares on a flier......one poster was on here talking big talk and turned out he had something like 1500 shares short....gimme a break....I doubt there's anyone here short 50k shares or anything in the 10's of thousands even......at 50k shares...if this merger hits on a Monday morning...a short could lose $350,000 with a pop to $15 and shorts scrambling similar with what happened with LEAP.... why take that risk.......on something in known talks.......more than enough much better shorts out there without taking that kind of risk....

    ...anyone saying they are short here are trading a few hundred or maybe a few thousand shares....but just a little game like that........more than likely they are just here to bash and or hope to get long at a lower price.......more idiots to ignore basically

  • Reply to

    SPECTRUM THESIS

    by greekmonster101 Feb 7, 2014 7:30 PM
    greekmonster101 greekmonster101 Feb 7, 2014 7:47 PM Flag

    Eventually they will run out...but by that time they will be twice the size of AT&T !

  • greekmonster101 by greekmonster101 Feb 7, 2014 7:30 PM Flag

    Always a Classic, more true now than ever, The Original SPECTRUM THESIS:

    Sometimes there is such a forceful overriding dynamic at work that nothing else much matters. In Sprint there appears to be such a situation.

    This is such a simple concept, it almost hurts, it's TOO simple, we all tend to want a nice complex explanation as to why we should own a stock!

    Sprint/CLWR has the largest Spectrum holding of any company in the U.S...... and the FCC has already identified that we're going to run out of Spectrum as more and more wireless devices go online, in other words the Gov't is basically saying that Sprint's Spectrum will go to full capacity utilization....

    .....essentially the Gov't just told us that Sprint's network is going to fill to the brim.....simply put, no matter what devices, whether it's smart phones or other consumer devices, smart grid or myriad M2M devices.....sprint's network is going to fill up...... with paying customers!

    (FCC Chief Genachowski addresses "looming crisis" in wireless spectrum)
    networkworld - 2010/010910-ces-fcc-spectrum-crisis

    (CEO Hesse talks about Sprint/CLWR having the largest Spectrum position)
    youtube - eWEYr8eKwBQ Less

  • Reply to

    Fair value of SPRINT...15 Bucks a Share..!!

    by backhaulking Feb 7, 2014 7:04 PM
    greekmonster101 greekmonster101 Feb 7, 2014 7:18 PM Flag

    yes, $15-18 is currently my number on a fair valuation.....Sprint really has nothing built into the current price for the CLWR acquisition...ie. all that Spectrum, solving the structural complexity including the fees for use that would be due CLWR....Spectrum bands which are now being seen by the market as increasingly valuable.....

    There is also nothing in the present stock price for the NV and Spark progress, at $11 you could argue something in the stock for this...not at $8.......

    Make no mistake the stock is being currently churned to shake out what weak hands can be shaken........I agree with $15 as a very near term target

  • Reply to

    The "Ultimate" Poster

    by billbrittain3 Feb 7, 2014 6:19 PM
    greekmonster101 greekmonster101 Feb 7, 2014 6:59 PM Flag

    ...sometimes when I come to the board here the entire first two pages of messages are greyed out due to my having ignored so many posters......many here are clearly disingenuous or off-kilter one way or another ......there is little point in discussion since they are here for something other than reasoned discussion.....ignore..... you won't be missing a thing.......

  • greekmonster101 by greekmonster101 Feb 7, 2014 6:36 PM Flag

    Here's a snippet from a media report today:

    "Sources told Bloomberg that Son would meet with T-Mobile owner, Deutsche Telekom after speaking with said U.S. regulators. According to the sources, Deutsche Telekom asked Son to find out what regulatory sentiment for such a deal was before the companies engaged in more serious talks."

    What's wrong with this report snippet above........let me speculate......

    Does it seem likely that DT would DEPEND on the very person they are negotiating with........to get the data for them, to evaluate the U.S. regulators opinion...in other words if you were putting 100's of millions or more on the line in negotiating a breakup fee, would you depend on your opponent in the negotiation to relay that info to you from regulators......come on....would anyone do that?

    I simply do not believe anything I see in the media except what can be verified as FACT...it's a FACT that Son and Hesse met with the DOJ andf FCC........most ANYTHING beyond that is speculation........

    ...we all want more info...we sort of excitedly crave more info about Sprint and TMUS.....but the truth is everything other than the most basic of facts is pure conjecture.......one is so much better off just setting aside all the media nonsense.....if you do that you come back to this:

    Sprint is highly valuable due to its spectrum holdings, NV, Spark, SB backing......and is factually progressing well in its detailed and well discussed turnaround program....proposals/talks are occuring regarding consolidation with TMUS and possibly others.......

    That's what we know. Period. It's almost hard to accept that truely, boiled down, that's all we know. That's it. But really that's all you need.

  • Reply to

    MIssing the point

    by greekmonster101 Feb 7, 2014 3:56 PM
    greekmonster101 greekmonster101 Feb 7, 2014 4:19 PM Flag

    I'll add that at $2 and $3 I was calling for $10 for starters......right now $15-$18 is a fair value......also the real problem with being short at present is....a la LEAP..... one can wake up Monday morning and find the price at $16....

  • greekmonster101 by greekmonster101 Feb 7, 2014 3:56 PM Flag

    It amazes how utterly the bashers, fools and the like miss the point on Sprint. I am reminded of a post by one king fool who had been calling for bankruptcy at $3 and $2 and said Sprint would never ever see $4 again...NEVER. Well, of course fast forward from that time and Softbank bought Sprint and the price travelled well above $4.....And this fool of a poster then offers the opinion that yes, yes, it's above $4 but that he was still correct since SB bailed longs out, that it would never have gone above $4 if not for that foolish billionaire Son.

    This OF COURSE, aside from the fruitcake aspect of it, misses the point that Sprint was bought by SB because Son saw the extreme value in Sprint.....Sprint was bought because it was perceived to be valuable well in excess of what SB paid for it.....This of course is what us longs have been saying since $2...look at the Spectrum, look at the turnaround, look at NV and now Spark....it's VALUABLE.

    The same holds true right now, it is a wrong focus to look only at the merger with TMUS, it's the same sort of thing.....the merger with TMUS is possible because Sprint with all its valuable properties can be enhanced ever further by such a combination.....but merger or not it doesn't change the fact that Sprint is very valuable......focus on the value, and you will find a clearer perspective on what's going on.

  • greekmonster101 by greekmonster101 Feb 6, 2014 10:24 AM Flag

    indication that the deal can get done. As I have said elsewhere the media release and take on this means NOTHING. It is choreographed at the start and the media can be counted on to sensationize anything in the interest of having a "story".

    It seems quite clear Sprint will buy T-Mobile and Son will do whatever it takes to see it get done, such as divestitures etc.....this of course another reason for the FCC to start at skeptical....ie. IT TOO in the end is a negotiation and no doubt the FCC would like to see certain concessions which align with their plans....such as reallocation of spectrum, etc.

    The real question is the ultimate structure...and what that means for shareholders......the current public float (stub) is way too small for a company the size of a combined S/TMUS.......this is what we might best speculate about at this point.....

S
8.52+0.15(+1.79%)Apr 17 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
AstraZeneca PLC
NYSEThu, Apr 17, 2014 4:00 PM EDT
Snap-on Inc.
NYSEThu, Apr 17, 2014 4:01 PM EDT