really a lousy 10billion in potential stoppage to QE and the whole market take a #$%$? Probably a trillion dollars worth or market cap.
I am going to bet that this will follow same pattern as last earnings call, the 15 days before vs the 15 days after there was a 20% swing.
Relax, hold you mud. This has got nowhere to go but up.
It may be a rough and chitty ride however.
Hey Mr Whiglee and Whadda u know.
i tend to agree with Whaddu know. Son is not a Hesse and he needs to survivie in this world, and a 50% gain is good enough for him, it's sort of what he gave clwr.
He has been great for unlocking share holder value, but as far as he is concerned his shareholders are in Softbank. There are other reasons to go with softbank, they just have more ways to win. Son has the vision, son sees the future. By the way I would say that Verizon see's it as well.
All I am saying is that Sprint is a money losing debt ridden spectrum holding company.
Two things that could play against this theory:
1. Son figures out a way to boost sprint stock (this is is easy, just call tell the press that you are talking to bankers about buying xyz) and can then use this stock to buy a company (for free.)
2. There are other reasons he would want to see share price increase, because he likes to put up big numbers in statistics, and because as it appreciates so does Softbank.
However Son can be relied on doing what is good for Softbank shareholders. And those share holders own 80% sprint, 35% Yahoo Japan, and 35% Alibaba which is the Chinese ebay, paypal, and amazon all rolled into one.
The other thing to consider is that though sprint is a money losing spectrum holding company, that spectrum is appreciating big time. So earnings or not, that is wall street sees, and wall street is also seeing that Son and Softbank have a lot of skin in Sprint game.
I am now 70% sofby and 30% sprint, and Sprint has been very very good to me.
They own 35% yahoo japan, which is like japanese ebay, and up 8% today. Owns a similar amount of Alibaba. Owns pretty much all of Sprint. I suppose an argument could be made that since so few shares are traded in the overall float that he could cause the price of Sprint of to rise, and then use them for the buyout and get tmobile or whatever else for free. Wouldn't find anyone on this board complaining.
Say what you want about son, he has hi #$%$ together. But when it comes to the real upside time on Sprint, he is going to buy the last 5% and take the whole thing.
i just hope it happens quickly.
A spectrum and debt holding company owned by a much bigger company that can take them out anytime they want. I have 50k$ in sprint (which is all my upside from my 12500k shares at $6.40) and I have 1300 shares of SFTBY, which I think is going to end up punking out Sprint the same way Sprint punked out clwr. I also like the sttby side of things as they also own a bunch of other really good stuff. Lots of it, and they make money, and they have access to really cheap yen, 1% money in Japan right now.
I wish i had split my bet on bet on clwr between sprint and clwr, this time i am going to split it between sprint and soft bank, even more of a reason to do so, because Softbank is no Sprint.
I think there is a good chance that Softbank tenders and offer for Sprint and take a bunch of the potential upside.
Alpha at is @ .64 (not sure if euro or dollar)why such a huge difference?
The 35% rise in December. It can drop so fast. I am still long sprint, I rolled over my clwr shares, half in sprint half in SoftBank. My cost basis on those was about 3$ after the clwr capital gain.
So I have done nicely. But Friday I just decided to go to cash. Hoping I can buy back in cheaper. And I also may buy in higher. Part of me is thinking about rolling the whole thing into SoftBank.
Sprints prospects are great but as we have seen it won't take much for AT&T and V to give them a significant headwind.