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Thursday, May 30, 2013 2:46:05 PM

Re: SmurfVA post# 4287

Post# of 4306
Guggenheim Partners’s Shing Yin in response issues a call for a “short-term trading” opportunity in Cleawire stock up to $5 to $6 per share, even though Yin’s formal price target is $3 on the stock, arguing that Softbank (9984JP), Sprint’s partner, may need to bid directly for Clearwire.

“In order to secure its Sprint/Clearwire deals, we think Softbank should bid for Clearwire within the next week and believe that a bid would likely have to be in the $5-6/share range in order to successfully deter DISH from raising its bid,” writes Yin.

“We therefore believe Clearwire shares could trade up to $5-6 over the next several weeks.”
Day Range:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y