Sprint Corp (fka S)

[Lotto123]

The debt they took on spooked all that did not realize the others have all made the same deal with the iphone....While some think this is a gamble for Sprint I don't see it that way since obviously they need to step into the ring or toss in the towel. Seemed logical and the traders took advantage of this opp to spur the sell off from non informed investors.

I did see an early comment that the drop was expected but I'll bet the super recovery was not...Now this will just be a new target for the bears on future short onslaughts as bottom resistance has been lowered to the 2.27 range.....