I hardly talk-post regarding S so there you are s

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Posted On: 10/16/2016 3:36:04 AM

Posted By: Ciao

I hardly talk-post regarding S so there you are some info
(I swing more then scalp (big cap) but been trading since under $3)

Sprint Corporation (S)
closed 7.03 +0.26 (+3.84%)
Open 6.92
Prev Close 6.77
Day's Range 6.83 - 7.10
52wk Range 2.18 - 7.10
Volume 31,678,000
Avg Vol (3m) 22,217,693

just a note to watch out ... last time when it reached $10+ it drop to under $4
if history reap it self ......... DD

info from Insider Monkey

Quote:

Sprint Corp (NYSE:S) shares jumped by almost 4% on Friday after Jennifer Fritzsche of Wells Fargo said that the market “very much under appreciates” Sprint’s recent spectrum leaseback deal, which both improves Sprint’s liquidity and lowers its cost of debt. The analyst commented, “therefore, this deal could be immediately be accretive on a FCF basis, as Sprint should be able to significantly lower its interest expense and put its Net Operating Losses (NOLs) to work.” Based on the spectrum value of the deal, Fritzsche calculates that Sprint shares are worth considerably more than their current price (just based on Sprint’s spectrum) even when factoring in the company’s debt. Whether Sprint’s spectrum is actually worth what Fritzsche calculates on the open market is another question, however. 20 funds in our database were Sprint Corp (NYSE:S) shareholders on June 30.

see chart