Sprint (S) is working on a fancy move to take control of Clearwire without buying it, according to sources. Instead, Sprint may cut a deal with other major Clearwire investors - including Comcast and Intel - that would allow it to appoint a majority of directors to Clearwire's board. CLWR +4.4% AH. [View news story]
Sprint Is Worth At Least $6 Per Share [View article]
I agree 100% with head coach, in 2005/06 S was trading for $25 it didnt drop below $10 until 2008 when the rest of the market went to crap. It now trade for $3.33 I bought it at $2.5 if I was in for the short I would have made quite a bit of money with the shares I own. I believe this stock can reach $6 if not $10 again.
They have made some agressive move to repair mistakes of the past, like dropping nexttel and investing $10 billion in infrastructure just to name a few.
Bottom line is this is a major player in the communication market you would have to be foolish not to consider grabing some of this stock at this price.
Sprint (S) is working on a fancy move to take control of Clearwire without buying it, according to sources. Instead, Sprint may cut a deal with other major Clearwire investors - including Comcast and Intel - that would allow it to appoint a majority of directors to Clearwire's board. CLWR +4.4% AH. [View news story]
Sprint Has The iPhone And T-Mobile Doesn't [View article]
Why Did Nokia Go Up So Fast? [View article]
Sprint Is Worth At Least $6 Per Share [View article]
They have made some agressive move to repair mistakes of the past, like dropping nexttel and investing $10 billion in infrastructure just to name a few.
Bottom line is this is a major player in the communication market you would have to be foolish not to consider grabing some of this stock at this price.