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Old 01-07-2013, 02:39 PM
Griffoun Griffoun is offline
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Very interesting and relatively heavy $10 Calls on Sprint traded today on different expiration dates.

I'm looking for strong volume to propel Sprint above $6...

Quote:
Originally Posted by Paul335i View Post
I look for companies that are targets for takeovers. I made a killing on Metro PCS. I currently hold Leap Wireless (LEAP) in my portfolio. There are rumors that it may be bought out.
I hope you've already cashed out on PCS.

LEAP will be bought out eventually, it's also interesting to see how it's been slowing climbing up since the dust have settled after TMobile-MetroPCS merger, as well as the transactions between Softbank-Sprint-Clearwire. Also take a look at USM (US Cellular), USM and LEAP would benefit in consolidation. It gave up competing with the big 4 on its home turf Chicago by selling its spectrum to Sprint and focus on rural area, so the management could be looking into exit strategy.

Last edited by Griffoun; 01-07-2013 at 02:48 PM.
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