Sprint Corp (fka S)

[megaman81]

Sprint is a good SHORT. I think it's way to soon to go Long with this stock, considering the financial status of the company. They already owe so much debt, and now they are talking about a committment with Apple to purchase tens of millions of iphones with money that they do not have. Not to mention, WiMax is too weak for such a data-intensive device as the iphone, which will only hamper the network even more. The management team seems to consist of a bunch of idiots. They should maintain their agreements with Clearwire, rather than trying to build out a new LTE infrastructure that they already cannot afford to do, and likely wont be getting the capital to do so, considering they are already in debt of billions of dollars. And, to top it all off, the iphone isn't even a true 4G device, let alone an LTE device. So, why bother? Android should be top priority for the handset lineup, the iphone bandwagon has already come and gone,and people are moving on to the better phones on the market. Sprint is throwing away money that they don't even have. How ridiculous!