Google is exploring new technologies and diversifying into many different areas. Potentially this could become a competing venture. So far GSAT is sitting pretty as the new constellation will ramp up revenues.
Icahn like many others got in well before the stock rise which took place ahead of the GTA5 release except Icahn bought a lot more shares. He exited at a profit. That's what counts.
Cash in the hand is better than a paper gain that can always evaporate. A lot of paper gains do evaporate. Not saying Sprint will but you never know and your real gain only comes when you sell. Keep that in mind.
Congrats to you. Take your wife out for a good time. Buy her something and buy yourself something. You can always buy Sprint stock again in the future if you choose.
Paying $400 or $500 for the latest system is a large expense. Then if they have more money left they have many titles to choose from.
Those who panicked sold and are gone. Very little trading today as supply is low. Those holding now understand that the stock is undervalued and are holding not selling. Fundamentals look good for the next few years thus price appreciation for those who wait.
Maybe some shorts did get squeezed. Thus the stock rallies however the Investors Businness Daily story paints a dismal picture of how Sprint is perceived by those who actually decide between carriers for service.
Obama works for the wealthy and special interests. Not the middle class. The middle class is getting squeezed. The wealthy worship greed and buy politicians. Obama wants to keep up his image of (being there for the disenfranchised-such as those without healthcare because they are poor). The debt keeps growing. Obamacare costs are mostly future costs. If the wealthy aren't paying and the poor cannot afford to pay then the only ones left to get stuck with the bill are the middle class.
Approval for terrestrial use would be great for us longs. Without TMobile there are only three major players. A no no under the current administration. Dish has no network thus they don't count. Son & Softbank are happy with Sprint and Clearwire. They don't need TMobile and as I said before Dish can't afford massive new debt. ATT learned their lesson. Verizon spent a fortune buying the rest of Verizon Wireless. So those two also won't buy TMUS. Unless someone else with loads of money will buy TMUS DT is stuck with it.
Charlie could not come up with enough money for Sprint or Clearwire so how could he afford buying TMUS and have billions more to upgrade? Charlie has not monetized the spectrum. Nor has he built a network either. DISH is an extremely speculative stock.
GSAT needs to get final approval from the FCC for the terrestrial use. When that occurs GSAT will be very popular and deals will happen. Right now TMobile is competing with three national carriers and I expect them to purchase more spectrum. It is more important that deals will be done with Globalstar. The who does the deals is less important unless it's high profile names such as Amazon or Google but otherwise it's the cash generation that will fuel increases in Globalstar's value and bottom line.
Paulson owns less of Sprint now. From the $2 range Sprint provided a great upside. Since the reorganization Sprint has been trading in a range. Sprint has yet to prove itself going forward.
CNG vehicle growth is creating demand for QTWW gas storage tanks thus a surge in revenue. That's why the stock is up and can go a lot higher.
A new equity issue is a possibility. It may not happen as advances from new clients may provide sufficient cash. Any new offering would probably be a small one if required. RGDX may just be going through a temporary lull as more revenue is generated in the coming quarters. The stock is a lot safer to own now after the huge sell off. Small cap stocks are often volatile.
Test speeds are not indicative of speeds customers will obtain. Clearwire obtained lightening fast speeds during LTE testing. It did not translate into a surge of new customers. Sprint has to deliver speeds that rival or exceed the competition to gain a significant increase in it's customer base.
Will Chip be perceived as sexist by most women? Or will slim women remain loyal customers? The answer will determine the stock's direction.
Ergen has amassed spectrum but has yet to implement a wireless network. So far Son of SoftBank does not want an Ergen partnership involving Sprint.