ST Alpha - "Everyone can thank me for this. After holding 500 shares of Sprint for 2 years I sold them a couple weeks ago to invest elsewhere. -- nm" (Reading a Post)

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In response to "Looks like the Sprint/T-Mobile tie-up _is_ happening. US District Court clears the way. -- (link)" by Beron Cherry

Everyone can thank me for this. After holding 500 shares of Sprint for 2 years I sold them a couple weeks ago to invest elsewhere. -- nm

Posted by Bacon (aka Redmond) Feb 10 '20, 17:04

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Responses:

I was actually looking at a Sprint stock quote yesterday and considered rolling the dice, but didn't. SEC inquiry avoided! -- nm* - Beron Cherry Feb 10, 17:07 1
- The odds were going down of approval along with the price of the stock. Last figures I saw were about a 35% chance of approval, but that figure - Bacon Feb 10, 17:09
Up 68% after hours. That cost me a pretty penny. - Bacon Feb 10, 17:06 3
- Yep, it had a monster arbitrage gap on doubt regarding the consummation. -- nm - Beron Cherry Feb 10, 17:08 2
  - Yeah as it widened further I got cold feet. I don't think Sprint survives without that merger. - Bacon Feb 10, 17:10 1
    - Just looked. Sold half those shares in Jan 3rd for $5.20 a share, and the other half Feb 3rd for $4.36 a share. As you can see it was trending down -- nm - Bacon Feb 10, 17:17

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