Top 2%
First of all - this stock is hugely risky. it can always go down further.
Having said that:
- Short term: seems like the market over reacted to day on bad news from last month, due to the S&P predicting they may lower rating
- long term - Sprint is looking more and more like a target for acquisition. i wouldn't count on it, but it hedges the bet of looking for short term gains
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Top 1%
guliamo
Mar 11 at 2:55 ET
souinds about right to me as far as aquisition is concearned... gutsy move on that one Walt - am I wromg donnie? am I wrong? ;)
Top 2%
Walter
Mar 11 at 5:56 ET
that's why it is just 1.5% of stock portfolio. win/loose will just be pocket change.
(although seems like we are entering a world of pain...)
Top 1%
guliamo
Mar 12 at 5:25 ET
In other words you're taking a small gamble here, pins and gutters.. you're way out of your element here.. am I wrong?
Mark it dude.