moose....at what price did you short sprint yesterday? and how many shares did you borrow? your for real right?
so, sprint's short shares are way down. real money traders [ institutions] sense something and they are selling...this bodes well for sprint in the near term.....maybe they sense Sprint is really serious about turning itself around....next earnings report should spell it out.....
so, sprint has caused yet another carrier to blink....will Marcelo sit back or did he know his half off plan would cause the competition to react? will Sprint counter? the chess game continues....
why do you think sprint's short interest fell from 105,000,000 shares on 10-15-14 to 65,000,000 shares on 12-1-14, even after the awful 11-4-14 earnings report? What is Mr Market sensing?
Nikesh Arora....Mr Son paid a fortune to steal him away from Google.....Time for Nikesh to earn his keep...
Sprint-Dish-Google......Happy New Year!
ah yes....BRIGHTSTAR......leave it to the ultimate maverick to bring this all together......Mr Son is a genius...
The Brightstar Connection
An important condition as part of the latest ”Cut Your Bill In Half Event” is that customers will need to hand over one handset per line to Sprint within 30 days of applying for this plan or pay $200 for each handset they can’t hand over. This essentially means that Sprint is valuing the resale value of each phone to be at least $200, which it can sell to a refurbisher or reseller – such as Brightstar – and offset some of its spending on the Visa prepaid cards. This is similar to the strategy it used in its “iPhone for Life” offer in September, whereby customers could lease an iPhone 6 at a cost of $20 per month for two years, with the plan charges remaining the same at $50 per month. After two years, the customer could upgrade to the latest version of the iPhone and return the iPhone 6 to Sprint, which the carrier would then likely resell to Brightstar and recover a considerable part of the handset’s cost.
Brightstar is the world’s largest wireless distribution company dealing in logistics and distribution of mobile phones and its services also include handset resale and trade-in programs. It was founded in 1997 by Marcelo Claure, the current CEO of Sprint, and acquired by Sprint’s majority owner Softbank in October 2013.
Tue, Dec 9, 2014, 4:11pm EST - US Markets are closed
T-Mobile Introduces America’s Only Unlimited 4G LTE Family Plan
75% of people “hate” monitoring their families’ data usage on carriers’ confusing shared data plans. Now, the Un-carrier puts an end to the gigabyte gimmicks with its new unlimited 4G LTE family plan − starting at just $100 for two lines.
And, T-Mobile brings back its most successful promotion – 4 lines for $100 with 10 GB of 4G LTE data.
Alibaba Group Holding Limited (BABA) -NYSE Watchlist
107.53 Up 2.46(2.34%) 3:32PM EST - Nasdaq Real Time Price
moose....what is your entry today going short on Sprint and how many shares?
Yep, whatever AWS spectrum TMUS does end up with, that's just the beginning ....implementation is where it'll get really expensive for TMUS.... Mr Market seems to be taking notice ...
Late Monday, Verizon Communications Inc. (NYSE: VZ) said that it expects the impact of its recent promotional offers to put “short-term pressure” on earnings in the company’s wireless segment. Tuesday morning, the CEO of AT&T Inc. (NYSE: T) said much the same thing at the company’s investor day presentation.
The country’s two largest wireless carriers have been forced into a competition neither sought with both Sprint Corp. (NYSE: S) and T-Mobile US Inc. (NYSE: TMUS). AT&T expects its customer churn rate to be higher in the fourth quarter, but the company also expects subscriber count to keep growing. Like Verizon, though, profitability will take a few licks.
what do I think? easy question. I think you should do your own relentless due diligence on Sprint, outside of this message board, and then make your decisions on how to trade Sprint...good luck...
Masa Son, thee ultimate maverick.....chipping away ever so slightly.....
By REINHARDT KRAUSE, INVESTOR'S BUSINESS DAILY
Posted 09:37 AM ET
Verizon Communications (NYSE:VZ) late Monday confirmed that an ongoing wireless industry price war will lower its Q4 earnings.
Fran Shammo, Verizon's chief financial officer, is slated to speak at a UBS financial conference on Tuesday morning.
"The company expects that the fourth-quarter impacts of its promotional offers, together with the strong customer volumes this quarter, will put short-term pressure on its wireless segment EBITDA (earnings before interest, taxes, depreciation and amortization) and EBITDA service margin (non-GAAP, based on earnings before interest, taxes, depreciation and amortization) as well as its consolidated EBITDA margin (non-GAAP) and earnings per share," Verizon said in a statement.
Citigroup analyst Michael Rollins downgraded Verizon's stock on Nov. 24 on worries over promotional battles amid Apple 's (NASDAQ:AAPL) launch of the iPhone 6.
"(Verizon's) commentary affirms our concern regarding near-term financial performance for both Verizon and the broader wireless category, as rate plan competition is weighing on revenue, elevating churn and applying margin pressure," said Citigroup analyst Michael Rollins in a research report Tuesday. "We are lowering our EPS outlook for 2014 and 2015 to reflect better 4Q postpaid net add prospects and some incremental competitive pressures on ARPU (average revenue per user) and churn that we believe could continue into 2015.
"We continue to like Verizon's strategy to focus on postpaid accounts and leading with network quality, but find the costs of competition and capacity are not fully encapsulated in consensus estimates for EPS for 2014 and 2015."
Verizon was down 3% in the stock market today.