With the recent merge of Sprint and T-Mobile, we watched the stock pump 70% after-hours. Yesterday I decided I'd be a bit more patient with Sprints movement, only entering with a semi-small account at $8.28 (at time of publish, up $.4856 per share). I than used this to determine likely movement to today and decided to buy call a few hundred contracts with a strike...
Following the merger approval, Sprint hit our short term target zone of of 6.10 - 6.25 much sooner than expected as shown on the chart below: Our attention now shifts towards a much more long term time frame, as the stock broke above its multi year Triangle on the 1W chart, with the RSI crossing above the 70.000 mark for the first time since February 2017...
It is finally happening: T-Mobile nears Sprint takeover. As a result, german telecoms provider´s debt decreases. Wer are talking about $26,5 billion purchase of Sprint, of course, only if T-Mobile achieves to win court´s Nod for the takeover. According to the latest rumors things are going smoothly. The combined company will operate under the T/Mobile name, and...
We believe the bottom is in on $S. While the stock won't give you huge returns overnight, we think $S will keep climbing at a nice, steady pace. If you're a long-term investor, that's all that matters. $S will run into some strong headwinds at $6.50, but if it clears that hurdle, the sky is the limit. With Softbank as $S largest shareholder and its upcoming merger...
Sprint a great time for a long-term pick Hey InvestmentCoachChris everybody. Don’t forget to visit www.investmentcoachchris.com Look at the end of the day you have the opportunity to buy a piece of a company that’s going to eventually go up to the question is just when.I think if you’re looking to get a cheap two dollar stock that could be as high as $10 in the...
Sprint posted a strong rebound yesterday as it found Support on the 4.80 - 4.70 Zone. At the moment it is still on a strong 6-month Channel Down (1W RSI = 34.548, MACD = -0.393, ADX = 48.905, Highs/Lows = -0.4078) but the conditions for a long term bullish reversal may have already started to emerge. The strongest bullish confirmation would be a break above the...
Well... it finally happened. Sprint NYSE:S TMUS is now on everyone's list of penny stocks after this week. Shares dropped below $5 on Thursday and firmly closed near its low of the day on Friday. Next week will be interesting to see closing arguments to the opposition so this could either be a blowout or a blow-up. "On Friday, a Washington, D.C. federal...
Brought to my attention in this article last week: Is Sprint Corporation (S) At Risk Of Becoming A Penny Stock? Several valid points on this front, namely how Sprint continues to "F" up and find something to blame it one but themselves. I'm surprised TMUS is still entertaining this at the bid price they said. I would think that it would probably be much less...
Hi, today we are going to talk about Sprint Corp and its current landscape. Sprint Corp enters in the spotlight of the market as T- Mobile has announced that John Legere will leave the seat of CEO of the company, been replaced by Mike Sievert in April 2020. The former CEO that has been leading the company since 2012 will remain a member of the board. Its...
I bought Sprint calls I think it will break $7 The contracts expire on Friday $7 strike price I paid .05c per contract I bought 10 calls, so i paid $50 for this position. $50 max loss if the contracts expire out of the money. If Sprint goes back to $8 by Friday $950 profit.
Hi there! The price skyrocketed, reaching the $7.6 per share, because in the today's news FCC Chairman Ajit Pai tells Bloomberg: "In light of the significant commitments made by T-Mobile and Sprint as well as the facts in the record to date, I believe that this transaction is in the public interest and intend to recommend to my colleagues that the FCC approve...
Sprint made a Death Cross on 1D last week (MA50 crossing under MA200) on bearish RSI = 38.934, MACD = -0.125, Highs/Lows = -0.1518. The same pattern has been spotted 3 times in the past, all of which resulted in massive loss in value (roughly -41.50%, -52.30% and -47.80% respectively). Assuming it follows a similar pattern, an equivalent of the last Death Cross...
T-Mobile and Sprint are in talks of performing a merger, however with T-Mobile's CEO making promises of maintaining the same price is a sign of the deal falling through, and we can see that in the price dump on Tuesday. The Megalodon is giving us a strong buy signal on the technical side. Keep Sprint on your watchlist, and keep an eye on this potential merger! ...
Sprint is a decent looking buy a little lower, and it looks like it may be going towards $5 something (Or maybe higher). The company has a couple of warning signs on Gurufocus.com: I don't know what they are, (I don't subscribe to the full version yet) . The stock just hit it's 200 day moving average. Most whale investors like to see that as a qualifier for...
Competition from Verizon (VZ), T-Mobile (TMUS) and Sprint (S) has cut into T's margins and bottom-line earnings and the chart set up isn't looking good here