We believe the bottom is in on $S. While the stock won't give you huge returns overnight, we think $S will keep climbing at a nice, steady pace. If you're a long-term investor, that's all that matters. $S will run into some strong headwinds at $6.50, but if it clears that hurdle, the sky is the limit. With Softbank as $S largest shareholder and its upcoming merger...
Brought to my attention in this article last week: Is Sprint Corporation (S) At Risk Of Becoming A Penny Stock?
Several valid points on this front, namely how Sprint continues to "F" up and find something to blame it one but themselves. I'm surprised TMUS is still entertaining this at the bid price they said. I would think that it would probably be much less...
Sprint made a Death Cross on 1D last week (MA50 crossing under MA200) on bearish RSI = 38.934, MACD = -0.125, Highs/Lows = -0.1518. The same pattern has been spotted 3 times in the past, all of which resulted in massive loss in value (roughly -41.50%, -52.30% and -47.80% respectively). Assuming it follows a similar pattern, an equivalent of the last Death Cross...
