Jump to content

General Investing Forum


centermedic

Recommended Posts

So 9 months or so ago on a lark I bought 3 contracts of Call options at $10 strike, Closing Jan 18th.  

 

I really just expected to let them expire, but now it looks like I may get to make some money off them.  What a nice surprise.

How many shares will you get?

Link to comment
Share on other sites

I wish I had bought Sprint stock with the proceeds of my Clearwire stock. About double the money in six months. Not shabby.

 

But instead, I purchased two cars with the proceeds. Had I let it roll, I could have financed the same two cars for a few months, sold the stock now. Paid off the car loans. And pocketed about $10k.

 

Oh well. I could have also lost money too. I just don't have the stomach for investing. :td:

 

Robert via Samsung Note 8.0 using Tapatalk Pro

  • Like 1
Link to comment
Share on other sites

I sold off some Sprint options the day after the T-Mobile deal speculation hit. Of course it keeps on going up. Missing out on hundreds of dollars (on an initial $600 investment).

 

Sent from my Nexus 5 using Tapatalk

 

 

Link to comment
Share on other sites

Impressed. I made a big bet on both Sprint and Tmobile and have over 50% profit. I actually made more investing than working. My reasoning for buying Sprint still holds regardless of if the merger occurs so I am in for the long haul (another couple years) . My price target is $25 and at least the same price to earnings ratio as Verizon since the market tends to over compensate for momentum runs.

  • Like 2
Link to comment
Share on other sites

I will continue to hold the stock until early 2014. Today's run-up may have been a short squeeze, where the large number of traders betting against the stock finally gave up and rushed to cover their losing positions for the year's end.

 

At the same time, there may have been many sellers locking in their profits for the year. Thus, new money may chase after available Sprint shares after Jan 1, and SoftBank already locked up more than 80% of Sprint.

  • Like 2
Link to comment
Share on other sites

Impressed. I made a big bet on both Sprint and Tmobile and have over 50% profit. I actually made more investing than working. My reasoning for buying Sprint still holds regardless of if the merger occurs so I am in for the long haul (another couple years) . My price target is $25 and at least the same price to earnings ratio as Verizon since the market tends to over compensate for momentum runs.

Wow, I have a target price of $25 also. History shows that merger and acquisitions either put upwards or downwards pressure on stock immediately after the deal closes. If the t-mo deal goes through it may put downward pressure on Sprint stock creating a chance to short the stock.

  • Like 1
Link to comment
Share on other sites

Big sell-off right now as short-term Sprint stockholders take their profits.

 

In related news, T-Mobile USA is also dropping on AT&T's aggressive move to get their subscribers to switch. That may actually help Sprint's acquisition talks.

Link to comment
Share on other sites

  • 5 weeks later...

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.

 

You have had some pretty good advice.

Looking to pick up 600 shares in S. What would you recommend?  

Link to comment
Share on other sites

No more than a year.

Looking at doubling my investment. I quadrupled the value of my investment last time with Sprint but I know at this price point it would almost be impossible to quadruple in a year.

I have a sell target of $25. When I started buying Sprint shares I figured on a minimum of two years which would put me at summer of 2015. I am still firm on that price and time frame so i think you are in decent shape to hit your target.

Link to comment
Share on other sites

You have had some pretty good advice.

Looking to pick up 600 shares in S. What would you recommend?  

I am tempted now to buy more Sprint shares today at $7.60, but the risks seem too big for more short-term pullback amidst AT&T price cuts and possibly horrible quarterly report next week.

 

Whoever can time the bottom of this stock this month will profit handsomely.

  • Like 2
Link to comment
Share on other sites

I am tempted now to buy more Sprint shares today at $7.60, but the risks seem too big for more short-term pullback amidst AT&T price cuts and possibly horrible quarterly report next week.

 

Whoever can time the bottom of this stock this month will profit handsomely.

I think you may have two chances. Once this month as investors react to the potential impacts of AT&T price cuts and once again in a month or two when the impact is realized. Probably right after the earnings call.

  • Like 2
Link to comment
Share on other sites

  • 2 months later...
  • 2 weeks later...

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

    • Since this is kind of the general chat thread, I have to share this humorous story (at least it is to me): Since around February/March of this year, my S22U has been an absolute pain to charge. USB-C cables would immediately fall out and it progressively got worse and worse until it often took me a number of minutes to get the angle of the cable juuuussst right to get charging to occur at all (not exaggerating). The connection was so weak that even walking heavily could cause the cable to disconnect. I tried cleaning out the port with a stable, a paperclip, etc. Some dust/lint/dirt came out but the connection didn't improve one bit. Needless to say, this was a MONSTER headache and had me hating this phone. I just didn't have the finances right now for a replacement.  Which brings us to the night before last. I am angry as hell because I had spent five minutes trying to get this phone to charge and failed. I am looking in the port and I notice it doesn't look right. The walls look rough and, using a staple, the back and walls feel REALLY rough and very hard. I get some lint/dust out with the staple and it improves charging in the sense I can get it to charge but it doesn't remove any of the hard stuff. It's late and it's charging, so that's enough for now. I decide it's time to see if that hard stuff is part of the connector or not. More aggressive methods are needed! I work in a biochem lab and we have a lot of different sizes of disposable needles available. So, yesterday morning, while in the lab I grab a few different sizes of needles between 26AWG and 31 AWG. When I got home, I got to work and start probing the connector with the 26 AWG and 31 AWG needle. The stuff feels extremely hard, almost like it was part of the connector, but a bit does break off. Under examination of the bit, it's almost sandy with dust/lint embedded in it. It's not part of the connector but instead some sort of rock-hard crap! That's when I remember that I had done some rock hounding at the end of last year and in January. This involved lots of digging in very sandy/dusty soils; soils which bare more than a passing resemblance to the crap in the connector. We have our answer, this debris is basically compacted/cemented rock dust. Over time, moisture in the area combined with the compression from inserting the USB-C connector had turned it into cement. I start going nuts chiseling away at it with the 26 AWG needle. After about 5-10 minutes of constant chiseling and scraping with the 26AWG and 31AWG needles, I see the first signs of metal at the back of the connector. So it is metal around the outsides! Another 5 minutes of work and I have scraped away pretty much all of the crap in the connector. A few finishing passes with the 31AWG needle, a blast of compressed air, and it is time to see if this helped any. I plug my regular USB-C cable and holy crap it clicks into place; it hasn't done that since February! I pick up the phone and the cable has actually latched! The connector works pretty much like it did over a year ago, it's almost like having a brand new phone!
    • That's odd, they are usually almost lock step with TMO. I forgot to mention this also includes the September Security Update.
    • 417.55 MB September security update just downloaded here for S24+ unlocked   Edit:  after Sept security update install, checked and found a 13MB GP System update as well.  Still showing August 1st there however. 
    • T-Mobile is selling the rest of the 3.45GHz spectrum to Columbia Capital.  
    • Still nothing for my AT&T and Visible phones.
  • Recently Browsing

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