VIRGIN MOBILE USA, Inc. (VM)

[cashn]

VIRGIN MOBILE UNDER ASSURANCE WIRELESS is refusing to sell phones to customers from their website. there are angry mobs of customers with money in hand to buy phones. this not only is hurting the investors of virgin mobile with less money being earned it is loosing customers hurting all stockholders. there is proof all over the virgin mobile site and many complaint lines. the few phones that you get with the service end up costing the company money and are all bombs.. the umx is catching fire. they send out another umx.. the quest is a similar bomb and they send out more costing the company bottom line.. they customers are demanding ability to ***buy*** phones and not real cheap ones at that and they are denying sale. please let all stockholders of virgin mobile that they have a class action available as their invested money is not being profitable.

[Volatile22]

NEWS

Virgin Mobile USA Inc. (VM), Sprint Nextel Corp (S)

Premium offered: $0.97 or 21.41%

Acquirer: S

Target: VM

Offer per share: $5.50 in stock

Value of outstanding common equity: $358,272,778

Target share price: $4.53

Expected closing: 4Q or Early 2010 12/31/2009

Annualized gain: 65.13%

Note: Sprint Nextel gets antitrust OK in late Aug. to acquire Virgin Mobile;

the exchange ratio will be subject to a collar such that in no event will

the exchange ratio be lower than 1.0630 or higher than 1.3668. The deal has

different terms for the holders from Virgin Group and SK Telecom

[up-down]

$49.99 all-you-can eat

April 9, 2009, 12:59 pm

Virgin Mobile Sets $49.99 Voice Plan; Sprint Deal Revised

Virgin Movile (VM) disclosed in an SEC filing that it signed a revised agreement with Sprint Nextel (S) that reduces the rate Virgin pays Sprint for domestic network usage above a specified base amount. The new deal went into effect April 1. Virgin also said that starting January 1, it will pay a fixed rate to Sprint for text messages, regardless of volume, but will no loner get a discount based on aggregate usage. Figuring the financial imapct of the revised deal is pretty much impossible; the actual rates have been redacted from the copy of the agreement that was attached to the filing. But certainly, lower rates would seem like good thing.

Meanwhile, Virgin announced a new $49.99 all-you-can eat voice plan that includes a “pink slip protection” proivision which waives up to three months of service fees in the event a subscriber becomes unemployed. The $49.99 plan does not include any data services, unlike, say, the similarly priced plan from Sprint’s own Boost Mobile unit.

Virgin today is up 15 cents, or 9.8%, to $1.68.

[up-down]

wow, VM up almost 500% since jan and not a single post here.

I guess I like every other I-hubber seems to have missed the ride :(

[



Virgin Mobile (VM)...
Market Cap @4.38/share: 285.31M
Trailing P/E 17.45
Revenue: 1.33B
Total Cash: 22.48M
Total Debt: 270.58M

Shares Outstanding: 65.14M
Float: 34.79M
Held by Insiders: 61.38%
Held by Institutions: 28.30%

Sprint (S)...
Market Cap @4.99/share: 14.33B
Revenue: 34.51B
Total Cash: 4.54B
Total Debt: 21.60B

Shares Outstanding: 2.87B
Float: 2.82B
Held by Insiders: 0.05%
Held by Institutions: 91.50%

I see Sprint is not doing to bad either but has huge debt!
[

[

[

[radar72]

Wow. I did not realize this one was so cheap! Nice move today.

[MWM]

VM could probably head back to $10 pretty easy, IPO I guess just went bad...

[MWM]

$5 damn it! I thought this looked damn cheap at $2!

[meffi]

keep on going!

[MWM]

Big Move today! $4.68 now!

[meffi]

yep, in since 2.20 and still moving.

[MWM]

Nice move off bottom!

[Alibaba100]

looks like the bottom is in, opened a position here

[Aufan 1983]

This dropped because they reduced their outlook on revenue and the number of people they were able to sign up as new customers.

This company isn't in bad shape. Check this out

Virgin Mobile USA, Inc. (NYSE: VM), a leading national provider of wireless communications services and plans without annual contracts, reported on Wednesday March 12, 2008 its financial and operational results for the fourth quarter and full year ended December 31, 2007. "2007 was a year of substantial growth for Virgin Mobile USA," said Dan Schulman, Chief Executive Officer, Virgin Mobile USA. "We grew our customer base to nearly 5.1 million, net service revenues 20% to over $1.2 billion, and Adjusted EBITDA over 100% to $99.2 million

[Aufan 1983]

After hours closed @ 2.60. The bounce continues

[Aufan 1983]

Virgin Mobile USA, Inc. (NYSE: VM), a leading national provider of wireless communications services and plans without annual contracts, recently reported its financial and operational results for the fourth quarter and full year ended December 31, 2007. "2007 was a year of substantial growth for Virgin Mobile USA," said Dan Schulman, Chief Executive Officer, Virgin Mobile USA. "We grew our customer base to nearly 5.1 million, net service revenues 20% to over $1.2 billion, and Adjusted EBITDA over 100% to $99.2 million.

[Aufan 1983]

Wow this baby is making a nice bounce. Back to 2.50 now and I'm over 500.00 up on this little jewel

[Aufan 1983]

virgin is a solid company and backed by HUGE $$$$$$. This is an easy money maker from here

[Aufan 1983]

Great buy in price today. Jumped in @ 1.98 and ready to bounce

[expat7]

Forbes article from October, but worth reading for those who haven't already done so:
http://www.sageworksinc.com/pdf/Forbes_quote_Oct10-2007.pdf

[expat7]

We Are Smarter Than Me: How the Wisdom of Crowds Can Help Businesses Succeed

Published: December 06, 2007

Virgin Mobile USA

The cell phone company uses 2,000 carefully selected online customers -- "Insiders," as Virgin calls them -- to keep it abreast of trends and promising opportunities. Virgin describes the group as "a team of elite, young, and active customers," and it rewards them with free calling minutes and phone upgrades.

A joint venture of Richard Branson's Virgin Group and Sprint Nextel, the company goes to its Insider community -- think: very hip focus group -- for help on everything from designing phones to coming up with names for service plans. As one officer of the company put it, "Ultimately, what we want to do is put young consumers backstage."

But this is not high school, and being accepted as part of the in-crowd is not the only way to be heard and earn rewards at Virgin Mobile USA. The company, whose pay-as-you-go, no-contract service has attracted 4.6 million phone users, offers all of its mostly young Chatty Cathys and Texter Thomases the chance to earn free phone minutes simply by paying attention and giving feedback on a corporate sponsor's advertisement. Any Virgin Mobile customer who watches 30-second commercials on his or her computer screen, reads text messages on a cell phone, or fills out brand survey questionnaires can earn up to 75 minutes a month of free airtime. Called Sugar Mama, the program gives a notoriously voluble group the chance to stay one step ahead of a dead cell phone by voicing their opinions.

But more to the point, Sugar Mama enables sponsoring partners to tap into the thoughts and opinions of a coveted marketing segment, and they're happy to pay for the privilege. As one corporate media director pointed out, knowing that the kids don't get paid unless they watch an ad and answer questions helps assure advertisers that they are getting honest feedback.

Catering to the crowd has also delivered an unexpected benefit to Virgin Mobile: buzz marketing. The kids are talking about the company, even those who use another network. When the company kicked off a clever text-messaging marketing program called Adopt-A-Mime that featured silent mimics in whiteface, the word spread fast, both in and out of the Virgin Mobile network. The buzz caused a notable number of non-Virgin customers to inquire about adopting a mime.
http://knowledge.wharton.upenn.edu/article.cfm?articleid=1855

[expat7]

Volume having heavy surge since shortly after 12pm. em

[expat7]

Dec. 5 (Bloomberg)

More than 10 percent of Virgin Mobile USA Inc.'s 4.88 million customers signed up for a ``Sugar Mama'' program that awards free phone minutes in exchange for viewing ads or answering surveys, said Virgin Mobile's Scott Kelliher, the Warren, New Jersey-based company's director of mobile advertising.

http://www.bloomberg.com/apps/news?pid=20601103&sid=adQBj7tjc4i0

[expat7]

Virgin Mobile Wild Card by Kyocera

December 4, 2007

Virgin Mobile USA & PhoneNews.com have teamed up to giveaway a Virgin Mobile Wild Card by Kyocera. It’s the first prepaid phone with Bluetooth and a QWERTY keyboard on CDMA, and it also is the first Virgin Mobile phone with EV-DO data.

http://yourpdanews.com/yourpdanews/index.php?p=49

[expat7]

Virgin Mobile Gets Wild

In the market for a new cell phone and don’t want to be tied to a long term contract? Consider the Wild Card from Virgin Mobile. It features a dual-screen, QWERTY keypad handset, is Bluetooth enabled, and comes with Yahoo! and AOL Instant Messaging and email already loaded.

Other features include Virgin Mobile USA’s streaming music application, Headliner, a 1.3 Megapixel Camera, “real-music” ringtones and preloaded demo games like Tetris, Need for Speed, Pac-Man, Ms. Pac-Man and Block Breaker Deluxe.

With Virgin Mobile wireless service you have the flexibility to choose whether to pay by the month or by the minute, and can select the best text and talk options to fit your budget – so you don’t have to worry about overage charges. Sound good?

Wild Card is now available online at www.virginmobileusa.com and at over 35,000 retail locations nationwide such as Best Buy, Target and Walmart for only $99.99.
http://www.beststuff.com/categories/audiovideo/cell-phones/virgin-mobile-gets-wild.html

[expat7]

Some of the current exceptional factors for VM are:
1.) Increase in Customers
2.) Increase in Revenue
3.) Analyst Upgrades
4.) Currently extremely oversold (imo)
5.) Recent multiple insider buying from $9.50 per share down to this most recent form 4 filed yesterday @7.25:
http://www.sec.gov/Archives/edgar/data/1137819/000118143107072562/xslF345X02/rrd180270.xml

[expat7]

Welcome to the VM board.

VM way way oversold here imo, but with the sell-off since going public @15.00, volatile markets, who knows.

Do some dd and you might be very interested in what you find.

Will try to bring the IBox up to speed in the days ahead.

Any board assistants would be welcomed.

GLTA