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JimBob

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Everything posted by JimBob

  1. I have fallen victim to dollar cost averaging; bought more shares at $3.53 this past Friday.
  2. Sprint CFO: Customers now on LTE 90% of the time http://www.fiercewireless.com/story/sprint-cfo-customers-now-lte-90-time/2015-12-04
  3. Walmart seems to be no longer selling Sprint phones at its stores. http://www.fiercewireless.com/story/sprints-phones-disappear-walmart-holidays-loom/2015-12-04
  4. Verizon and AT&T making $17/subscriber per month in 2015, while T-Mobile and Sprint are losing $0.39 http://www.fiercewireless.com/story/analyst-verizon-and-att-making-17subscriber-month-2015-while-t-mobile-and-s/2015-11-23
  5. My Sprint experience in Indianapolis 2014-15 was awesome. I am disappointed that they did not win.
  6. I have the classic case of looking backwards in wishing that I had sold some holdings when the price hit $5 a month ago, but told myself to wait for closer to $6. The debate will no doubt restart as the stock fluctuates back to $5 again in a month or two. But you are right in that investing in Sprint has resulted in a great deal of dead money the past two years. http://www.investopedia.com/terms/d/dead-money.asp
  7. Another negative day for Sprint's stock (back in the upper $3 range) as investors bail on Sprint's downward revised earnings outlook. However, I believe there should be cheer that the leasing facility set up by Softbank and other lenders is now live and infusing Sprint with a cheap $1.1 billion loan.
  8. Sprint's 50% off promotion divides financial and industry analysts http://www.fiercewireless.com/story/sprints-50-promotion-divides-financial-and-industry-analysts/2015-11-19
  9. You win again this time. Sprint's stock has been pummeled the past ten days, dropping 20%!
  10. WiMAX shutdown will cost up to $225 million. http://www.fiercewireless.com/story/sprint-maintains-wimax-network-2-nonprofits-may-incur-225m-costs-overall-sh/2015-11-09
  11. Updated my vote. I went from consuming ~3GB/mo in the summer to ~10GB/mo in the autumn; mostly due to now primarily streaming music (Pandora) through my phone instead of my computer.
  12. Objectively, Sprint's Q3 was bad. Claure claims net 237K postpaid adds, but that was due to cannibalizing 199K from their prepaid customer base. Thus, the meager "win" of 38K adds was dearly bought by the severe plan discounts (free year for DirecTV customers!), giveaway offers (iPhone 6s for $1!), and other costly gimmicks such as Direct2U and RadioShack leasing we have recently witnessed. These seemingly constant desperate tactics were reflected in the continued revenue drop and fast cash burn. Meanwhile, lack of concrete info on NGN and leasing facilities for another quarter adds to future network and financial uncertainty. A somewhat clear outlook is needed if Sprint expects lenders to continue letting them add to and finance its $32+ billion in debt. Claure has gone ahead and initiated plans for massive cost cuts, but confidence is hard to be acquired when employees are running out the door whether voluntarily or involuntarily while a lot of work is still needed to be done to move Sprint from last place. Subjectively, we of course hope for the best. We take heart at Claure's "inflection point" speech. Sprint's turnaround is right now or just around the corner.
  13. Our eternal hope is the clock breaks, and the rally continues!
  14. Wall Street Journal interview with Claure The CEO revealed that he removed reserved parking spaces for Sprint executives and made them walk "half a kilometer" to their office like regular employees. http://www.wsj.com/articles/the-plan-to-fix-sprint-1445824911
  15. Sprint stock has jumped over 6% today as of this writing. What's up?
  16. Your statements about southern women are rude and insultive. Don't say anything again.
  17. Analysts Expecting $ -0.09 Earnings Per Share http://www.springfieldbulletin.com/sprint-corporation-nyses-analysts-expecting-0-09-earnings-per-share-for-s-this-coming-quarter/48208/
  18. http://www.investopedia.com/terms/u/unrealizedloss.asp
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