I was at a very large mall in Virginia yesterday, Saturday, looking at the many small businesses within. Even with todays MW of $7.25/hour plus the taxes the employer must pay I could not see how in the world the small businesses could make any profit. I did talk to one mgr and he said if the MW did go up he would probably have to close. MW is great if the employer like Wal Mart, Gen. Motors, Target raise their starting wage, this is great, they know they can pay it. When gov't mandates wages and benefits it is a job and business killer.
I was shocked also yesterday I heard Ralph Nader state that he approved gov't mandated benefits. Poor fellow must not have taken ECON 101 in college. The course tells you how bad gov't is. mo
Something on this board does not make sense. SB, insiders and funds own about 85% of the common stock, leaving about 100 million shares to be traded. Some report that the shorts are in for OVER the 100 million. This inequity can/should throw the pps to $100/share. This is not happening so what is going on?????
From what I understand from the news releases, Softbank, insiders and funds own about 85% of the common stock, leaving about 100 million shares on the open mkt to be traded. This tells me that most anything can happen to Sprint. The pps has dropped about 25% since SB's buying. The pps can go either way: down to pennies or up to $100. I just wish we had some insider info. My bet is the pps will go up. JMO.
I have run out of money. I can't buy any more. Think a little. Softbank/Papa Son, insiders and funds have accumulated right at 85% of Sprint, leaving about 100 million share on the open mkt to be traded. My crystal ball tells me that Sprint mgt will get this thing turned around. In the mean time the pps can drop farther, but once it gets turned the pps will go higher than it has been in the past few years. Big money is not going to let the fish belly up. JMO and I hope I am correct.
UAW leadership and members sitting back on their butts while BO and GM shipping your jobs over seas. The latest: China shipping in BUICK SUVs. You also are letting FORD build Fords in Mexico and ship into the country. Just why are you paying high dues to this union when they are not looking out for your interest.???? When I belonged I expected the union to take care of me. It is not happening with UAW. AJMHOOC........
TV news. Sprint assets: wireless company; spectrum; Sprint/Radio shack outlets: Sprint assets estimated to be in the $50 billion dollar range. With SB, insiders and funds owning over 85% I cannot see how this company will fail. jmo.
The mystery of the stock mkt. Earnings goes up pps goes down. I am still long. My bet the pps will make it back to 8/share assuming the world remains somewhat stable. Idiots in the middle east, idiots in Russia, idiots in Europe, natural earth problems., jmo
Private sector business must control expenses and waste in order to survive. Gov't does not have to follow this economic rule. Gov't simply raises taxes to cover the waste. I was a small gov't manager and I am here to tell you that my agency had an unwritten policy to waste at least 10% more than our allotted budget. If we didn't this meant there would be no increase in the budget. I could say more. JMO
Sprint does not fall into the normal 'overbought' class. The disappearance of stock from the open mkt has been accumulated by Softbank, insiders and Funds. They leave only about 100 million shares on the open mkt. Internet says short sales exceed the 100 million shares. What happens when shorts margin call is made? Think. PPS can reach any point. mo
If the truth be known TMUS is looking at others as others are looking at TMUS. Several analysts have stated it best: If a wireless company is going to grow at an acceptable rate, M &/or A is the only solution. Problem is which companies fit and what is the cost. M &/or A's are coming.
MO. With SB, insiders and funds owning 85% or more of the common stock leaving about 100 million shares on the open mkt and short sales I understand exceed this number, the pps conceivably could go to $100/share. Although I doubt it will hit a 100. AJMO Also keep in mind Sprint owns more than $50 billion dollars of assets. TV-internet info.
When I was a low level mgr and the company needed to reduce cost, my recommendation that the only meaningful way to reduce costs was to reduce the number of marginal employees. All of the recommendations from upper level would save on pennies. I know it hurts both mgr and employee when this act becomes necessary. mo
MO. With the limited number of shares available on the open mkt, the shorts alone are going to push the pps up to at least 10 dollars. Think. Internet news: Short shares between 100 and 150 million, on the open mkt there is only about 100 million shares. This tells me the pps will go up.
I understand that SB, insiders and funds own over 85% leaving about 100 million shares available for trading at this time. I do not know what the big boys have in mind but with so little shares available for trading the pps can be anywhere from pennies to $100/share. I am long at this time and my bet is the pps will make it above $10. Just a gamble. The number of short shares are reported to be above the 100 million mark. Very shakey.
Think a little. Nothing is #1 everywhere else. But MO is Sprint PPS will go up. No BK for S. With the bulk of S shares amassed with SB, insiders and funds, MO S will go up.
My bet is that S will go up and break 10. Think. About 85% is held by insiders and funds that is not being traded daily. JMO