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So aren't we about there to the top 6.62 price?
Yeah I sold half. Not sure what to do. Odds are it will drop back down but this move up suprised me.
Rumor has it that the proposed merger with T-Mobile US is looking more likely to gain DOJ approval these days.
https://finance.yahoo.com/news/why-sprint-corp-stock-jumped-192600820.html
Keep going sprint!!!! Up up up
Can we sustain this uptick tomorrow?
Sprint And T-Mobile Senate Hearing Exposes Merger Has Little Resistance - Sprint Short Positions Pressured https://seekingalpha.com/article/4191391?source=ansh
Spoken like a guy that's shorting the stock. Don't worry we will keep buying. There is at least $1.00 here with the merger
People are starting to wake up to the fact the merger will happen.
https://finance.yahoo.com/video/expect-sprint-t-mobile-merger-000600583.html
Lol. Still not seeing those mystical $4s
How do we see $10? Sales price is fixed well below that
It never got into the 4s. You must have been dreaming it
I'd say zero chance.
I think we are at bottom. It's not going below $5. I loaded up today with all the funds I have
People think trump won't let it go through. I'm thinking there is no way that Trump doesn't sign off. I loaded up today at 5.44. I don't think it goes lower and your guaranteed 6.50. This is free money.
Sprint and T-Mobile will execute the all stock deal based on Friday's closing prices of $6.50 and $64.52 respectively, the companies said, with 0.10256 T-Mobile shares for each Sprint share, which translates to the equivalent of 9.75 Sprint shares for each T-Mobile US share. The ratio values Sprint at $6.62 each.
Shares of t-mobile
Will the stock be converted to t-mobile on monday?
That is the question. I wrestling with... do I sell at 6.62 or wait for merged company to go up a little before selling.
What does everyone here think?
For sure for sure. Here I thought I might be the idiot
OMG it's going up
https://finance.yahoo.com/news/exclusive-t-mobile-sprint-progress-213715273.html
The combined company would have more than 127 million customers and could create more formidable competition for the No.1 and No.2 wireless players, Verizon Communications Inc (VZ.N) and AT&T Inc (T.N), amid a race to expand offerings in 5G, the next generation of wireless technology. T-Mobile majority-owner Deutsche Telekom (DTEGn.DE) and Japan's SoftBank Group Corp (9984.T), which controls Sprint, are considering an agreement that would dictate how they exercise voting control over the combined company, two of the sources said.
Ok. I jinxed it. Not sure what happened there
Well, its moving in the right direction
He balked at $8. So it has to be higher than that. I'd love $14 but I don't see that happening. I'm thinking $9- $10
What's your target exit point?
You'll never see thst price again.
Did you cover your short position yet?
Yeah I think it will gap up
Haven't seen you post on sprint but you hit this one. Going to follow you
Holy jump batman. Big up today on news of t-mobile talks again
LOL
What's with the huge volume spike at the end of the day?
Well you know that and I know that. Heck the person that said it probably knows it too, he is just afraid to cover his short position.
Yep. I think the shorts are already starting to panic.
Really moving today. I am not sure why people think they can short this stock when 85% is locked up hard. I'm in this foe the long term.
Don't look now...but it's up 5%. Sorry shorty
MAGA. Make Sprint Great Again
What is this CT order about?
Yeah with softbank owning 85% it sure sets up a nice squeeze when the shorts need to cover.