If you think things are bad now, just wait until the rare 3 to 6 day polar vortex drops down from the North Pole to the Gulf in late June or early July. North America has not had a bad one in the last 200 years. As the Good Book says, "If it has happened before, it will happen again". Yes, it has happened before.
fun must have all of his money in S and TMUS. It looks like he is the biggest poster on both message boards. The big short squeeze is coming on both of these stock. TMUS to $72: S to $25+ jmhooc
With so few shares available on the open mkt, I cannot understand why that short squeeze has not taken place.
Sentiment: Strong Buy. One well known analyst stated that the pps will go to at least 72.
I do believe a super major short squeeze is coming for Sprint. More shares short than are on the open mkt. mo
Counting the 85% Softbank owns;, the insiders own, institutional holdings and my count is there is less than 100 million shares available for trading on the open market. If so the slightest move up and the shorts are in terrible hot water. and would have to pay through the nose to pay their short. Something is not right with info provided to the street. MO
This may be true but copper price is down about 60%. I guess I will just hold. If the world does not fall apart, Middle East and North Korea, the world economy will recover. Just hope FCX has enough staying power.,
Remember what the man told you. He would not close the mines but his executive orders would make it impossible for mines to survive. Half of my coal miner friends are out of work. Some now work for 35% or less than what they were earning in the mines.
Another thing that may be in the making with Sprint is that Papa Son will take this company private. There are not very many common shares on the open mkt today. Think. Papa Son owns 85%, insiders own a big bunch plus funds own a big bunch. This could happen.
The talk in the past has been a Sprint take over of TMUS. Do you get the feeling in might be a TMUS take over of Sprint? 2016 is going to blow your minds of the M & A's taking place in the wireless world. This is the only way any one of these companies are going to be able to grow at the profitable rate that they must.
With SB, individuals and institutions owning most of the common stock I do not believe the company is headed to BK, possible but I don't think so. I just bought another 1,000 shares. My bet with M & A's taking place in the wireless industry in 2016, the pps of S will hit $10/share-my bet. Shorts alone could push this up to 10.
Softbank own now 85%, insiders own a bunch and institutions own a bunch. There is probably less than 100 million shares on the mkt that can be traded. The number of shorts is questionable. The way I see it the pps can skyrocket or at the same time if mgt does not do right the pps can go to pennies. My bet it will go to 10 in the not too distant future.
I believe that 2016 will show a lot of M & A action. I see Sprint, TMUS, FTR, CMST, DISH, etc, etc and etc joining forces to grow. I See shorts getting into big trouble. jmo
I do not know where Sprint is going, but I am long at the present. With SB owning 85% of the common stock, insiders owning a bunch and institutions owning a bunch, this does not leave much on the board to be traded. Depending what Papa Son and other upper mgt do, the pps can stay down in the single digits or it can go up to $100/share.. I will hold at least for the next 2 quarters before I will consider selling. AJMO