Jump to content

General Investing Forum


centermedic

Recommended Posts

Results were not as bad as expected. Investors like it, and Sprint shares have unfortunately risen above $6 this morning.

 

I will continue to monitor the stock over the next few weeks for possible sub-$6 points to initiate a position.

It's under $6 again
Link to comment
Share on other sites

It hit 6.16 today.  42 cents increase in one day.

A significant gain.

 

Any hope left for significant downside is some surprise event or if the general market is down bad. Otherwise, the bottom may have now passed. Let's see what the economic numbers are this week (GDP, jobs, Fed).

 

Congrats to anybody who has a position started at $6 or less.

Link to comment
Share on other sites

  • 5 weeks later...
  • 1 month later...

i don't have sprint or any large value from the company i work at currently.  At one point in time, I had a lot of money invested in my company stock.  My fortune was at the mercy of how well this company was doing and to me this is too much risk.  I currently have a very diverse type of profile and I try to keep a 40/60 diversification.  Forty percent in bonds and the remaining in various stocks.   

Link to comment
Share on other sites

i don't have sprint or any large value from the company i work at currently. At one point in time, I had a lot of money invested in my company stock. My fortune was at the mercy of how well this company was doing and to me this is too much risk. I currently have a very diverse type of profile and I try to keep a 40/60 diversification. Forty percent in bonds and the remaining in various stocks.

To diversify your bond position, you may consider putting some of that 40 percent in treasury inflation protection funds. I would hate to see what interest rate increases would do to that portfolio.

 

Sent from my SPH-L710 using Tapatalk

 

 

Link to comment
Share on other sites

  • 2 weeks later...

After buying Sprint shares near $6, my position has enjoyed a healthy appreciation. Since the market rewarded today's quarterly report, I will probably be in hold mode for the long-haul; don't know if there are any downward catalysts left aside from overall market events.

Link to comment
Share on other sites

  • 4 weeks later...

Great day for S!

Agreed. Hit above $8 for the first time. My position in Sprint has appreciated over 30% the past 2 months.

 

Such a quick run-up should trigger a sell, but I am confident that Sprint will go even higher over the next 2 years.

Link to comment
Share on other sites

  • 4 weeks later...

Any predicted drops soon? Or should I just buy while its still under $9?

The Spectrum deal that Verizon/T-Mobile are making might make it go down a bit - but if Sprint announces a T-Mobile takeover, the stock could skyrocket.  Totally unpredictable.  

  • Like 1
Link to comment
Share on other sites

Any predicted drops soon? Or should I just buy while its still under $9?

The stock has already appreciated 50% within the past few months, so you may have missed the boat.

 

If you do buy it now, your patience should have to be at least 1 year, as the stock price is likely to be volatile.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • large.unreadcontent.png.6ef00db54e758d06

  • gallery_1_23_9202.png

  • Posts

    • Was able to install the March 1 Android security patch. Seems slightly more accurate with 5g ca band id, but can not swear by it. Updated google play system update through the software information screen to March 1. *#73# still works. Froze updates waiting on SCP update beta to fix n41 showing as n38.
    • Just installed it. Thanks for the info.  71 mb mar 1st date.
    • There's a permit for a new 47 story building at 205 Montague St in Downtown Brooklyn. The problem is that  T-Mobile eNB 48352 is on the building next door and this new building will block two out of 3 sectors of the site. For reference, the new building will be roughly as tall as 16 Court St which is right across the street. This site is the primary site covering Cadman Plaza so I wonder what the plan is. Will they just try to change sector placement, move to a different building, or will this just speed up the conversion of the Sprint site at 25 Monroe Place?
    • At least not recently.  I think I might have seen this a year ago.  Not Sure.
    • Did they previously hop between n38 and n41 in prior version of SCP, or have you always seen n41 displayed properly?
  • Recently Browsing

    • No registered users viewing this page.
×
×
  • Create New...