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CNN: Sprint stock keeps soaring!

Discussion in 'Sprint' started by viber, May 29, 2011.

  1. viber

    viber Android Enthusiast
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    There are a few Sprint doom and gloomers, but the company is making some very smart moves and its showing when it comes to their stock price.

    CNN did a piece on Sprint, and while not everything is peachy, Sprint is on a winning streak. Notice the coverage of Sprint getting ever closer to Google. The idea of an Google buyout might be boosting the stock price as well.

    Sprint stock surging. Google alliance the reason? --The Buzz - May. 27, 2011

    [​IMG]


     

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  2. falconey

    falconey Android Enthusiast
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    I wouldn't trade on a company that is not increasing profits quarter over quarter just because of rumors. Might as well gamble on sports instead; pretty much the same thigng.
     
  3. ovrrdrive

    ovrrdrive Android Expert
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    Rumors of a buyout almost always send a stock soaring. It's all part of the game.

    A buyout seems almost eminent at this point but it's not most likely going to be google. Google wants to be a partner, not the owner.
     
  4. RoboMonkey

    RoboMonkey Android Expert
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    Yea, same as last year. Hedgefunds got in last year around $3.40 now it's up around the $6 price target and they need to dump it.
     

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