General Investing Forum

[chico1983]

I know this is a very novice question but should I buy S right now or wait. Looking for long term not a quick penny.

[sbolen]

I just loaded up. People love to trash on S, but there's no way it'll won't gain. Good buy, IMHO.

 

I own a lot of S now.

[dedub]

If I had the extra money I'd be buying as much as i could.

 

Along with some long options.

[JimBob]

I know this is a very novice question but should I buy S right now or wait. Looking for long term not a quick penny.

How long are you willing to wait?  

 

$3 range it is at right now seems like a good entry point.  You will be getting a cheaper price than Marcelo Claure paid and waaay cheaper than Masayoshi Son paid.  

[sbolen]

How long are you willing to wait?

 

$3 range it is at right now seems like a good entry point. You will be getting a cheaper price than Marcelo Claure paid and waaay cheaper than Masayoshi Son paid.

Speaking of which, I wonder if this 52-week low would trigger a larger investment from Son or Claure?

[Fraydog]

The more low it goes, the more I'm tempted to buy.

 

 

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[centermedic]

The more low it goes, the more I'm tempted to buy.

 

 

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Go ahead. I shorted the stock. Ready to make another go of it!

[chico1983]

I'm ready to do it, just waiting for Ameritrade to do its thing.

[Fraydog]

Go ahead. I shorted the stock. Ready to make another go of it!

Should I wait until $2?

 

That seems to be when the shorts will head for the hills... I think. [emoji45]

 

 

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[S4GRU]

At some point, Sprint's spectrum alone will be worth more than its stock price fully capitalized.

 

Using Nexus 6 on Tapatalk

[JosefTor]

Go ahead. I shorted the stock. Ready to make another go of it!

Watch out for short squeezes.

[sbolen]

Currently up  0.22 (5.93%). I've already made a tidy profit on the purchase of more shares t'other day. 

[JimBob]

Currently up  0.22 (5.93%). I've already made a tidy profit on the purchase of more shares t'other day. 

Now is the hard part of realizing those gains (sell) or riskily holding on for more. 

[sbolen]

Now is the hard part of realizing those gains (sell) or riskily holding on for more.

I'm going long on S. Worst case scenario, I can stop loss and come out even best case scenario, S goes on a tear in 9-12 months...

[centermedic]

Should I wait until $2?

 

That seems to be when the shorts will head for the hills... I think. [emoji45]

 

 

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I would use dollar cost averaging. That will ensure that you don't miss the bottom.

[centermedic]

Watch out for short squeezes.

In for the long haul. Just decided to take my profits early and reinvest when the price went down.

[JimBob]

Anybody here own nTelos (NTLS)?  I am interested in their focus on West Virginia and western Virginia, long-term wholesale agreement with Sprint, and possible buyout in the future.

[luvixuha]

Jefferies cuts sprint target to $3, sees "No relief for cash burn".

 

http://www.benzinga.com/analyst-ratings/analyst-color/15/07/5697578/jefferies-cuts-sprint-target-to-3-sees-no-relief-for-cas

[chico1983]

I'll buy more.

[JimBob]

Sprint down 10% right now and hitting a new 1-year low of $3.25.  What's up?

[caspar347]

Sprint down 10% right now and hitting a new 1-year low of $3.25. What's up?

Wow. Well, I guess I'm glad I held off on dumping in another $300.

[lilotimz]

Sprint down 10% right now and hitting a new 1-year low of $3.25. What's up?

Atts q2 report.

 

Sent from my Nexus 5

[mittenmitten]

Wow. Well, I guess I'm glad I held off on dumping in another $300.

 

I get a vacation check next week, couldn't come at a more perfect time!

[luvixuha]

BTIG Research cut Sprint target price to $2.00 on July 17th.

 

http://www.btigresearch.com/2015/07/16/will-investors-embrace-sprints-new-network-plan-cutting-target-to-2-00-while-we-continue-to-wait/

 

If Sprint doesn't post strong consensus-beating numbers in their upcoming earnings report, we might see that $2.00 pretty soon.

Edited July 24, 2015 by luvixuha

[Arysyn]

I have a bit of money I got from my father in back child support payments he owed for several years. I had to pressure my mother for a very long time to try collecting on it, which she finally did last year. I have enough of it to purchase 10,000 shares of Sprint stock at $2.00 each.

 

However, I know very little of the stock market and how things work, so please no one think this to be a dumb question for me to ask, as I'm just trying to learn some things about it, as I know I need to try to make money for myself any way I can without physical assertion, and I'm unable to get a job because of my extreme physical limitations.

 

So, the question is, say I purchase stock which devalues a week later. I know then that the stock I own is worth less at that point than at the time I purchased it. However, say that another week passes and the stock price rises above the price I purchased it at. In that case, does the stock I own goes up in value to the new higher stock price, or is the stock I own still stuck at the lower devalued rate?

 

I'm figuring that the value of the stock I'd have in the scenario would match the current stock price, though I wanted to ask anyways to make sure. If I'm correct about that, and I owned 10,000 shares at the original rate of $2.00 each, and say it eventually increased to around $40.00 per share, in average, how wealthy would that make me?