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pieman

pieman
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  • Sprint (S) says it isn't planning any immediate takeover of Clearwire (CLWR), tabling any talk of a deal for at least 6-8 months until the Softbank deal closes. Shares of Clearwire jumped 16% today on speculation of an imminent takeover, and have skyrocketed 78% over the last two trading days the previous week. Despite the fervor, a deal between the two is speculative at best. S doesn’t need to own CLWR because it already has access to its spectrum, and its very expensive to boot. [View news story]
    Put in a GTC to sell at $3 on Thursday and hoping to sell sooner than later.
    Oct 16, 2012. 12:07 AM | Likes Like |Link to Comment
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