S - Sprint Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Tiptopptrader, Apr 4, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    Reported before open today (7/25/16)
    Earnings: EPS $0.06 Revenue $8.012B
    Estimates: EPS $0.08 Revenue $8.008B

    Up 27.71% today
     
  2. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Sprint's stock rallies after revenue beat, net phone customer additions
    Sprint Corp.'s stock S, +27.71% jumped 1.1% in premarket trade Monday, after the telecommunications company reported fiscal first-quarter revenue that beat expectations, with new postpaid phone customers added after losing them a year ago. For the quarter ended June 30, losses widened to $302 million, or 8 cents a share, from $20 million, or a penny a share, in the same period a year ago. The FactSet consensus was for a per-share loss of 8 cents. Revenue slipped to $8.01 billion from $8.03 billion, but was above the FactSet consensus of $7.99 billion. Postpaid phone net additions were 173,000, after a net loss of 12,000 a year ago, while postpaid phone churn improved to 1.39% from 1.49%. Wireless net additions were 377,000 vs. 675,000 a year ago. "We had another quarter of solid progress in our turnaround with the highest first quarter postpaid phone net additions in nine years, the lowest postpaid phone churn in company history, and finally being postpaid net port positive against all three national carriers after five years," said Chief Executive Marcelo Claure. The stock has run up 28% year to date through Friday, while the S&P 500 SPX, -0.30% has gained 6.4%.
    http://www.marketwatch.com/story/sp...-beat-net-phone-customer-additions-2016-07-25
     
  3. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Expected profit taking on S this morning after a 27% pop yesterday

    upload_2016-7-26_6-44-55.png
     
  4. leonx81

    leonx81 Well-Known Member

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    What a comeback, HOD/52 wk high.

    upload_2016-7-26_10-57-3.png
     
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  5. Tiptopptrader

    Tiptopptrader Well-Known Member

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    FastEddy and leonx81 like this.
  6. Tiptopptrader

    Tiptopptrader Well-Known Member

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    The locomotive has pick up steam

    upload_2016-7-26_10-44-10.png
     
  7. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Sprint Wins Upgrade
    Pacific Crest Securities upgraded Sprint to sector-weight from sell. "It appears that lower promotion activity during the next few months ahead of the (Apple (AAPL)) iPhone cycle may provide some breathing room for Sprint," said analyst Michael Bowen in a report.

    RBC Capital and Cowen & Co. both raised their price targets on Sprint, which climbed 5.9% to 6.25 Tuesday after jumping 28% Monday.
    http://www.investors.com/news/biz/
     
  8. Ciao (Sheppy)

    Ciao (Sheppy) Well-Known Member

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    well done you $$$ makers :D
    with that lovely climb didn't trade :( but got some others ;)
    IMO I don't see why it shouldn't go to $7... ok anyone need a rest (shorter etc..) but on rader here (even you dump it ;))

    just for info..
    Sprint Corporation (NYSE:S) Shorts Decreased by 4.07% After Short Covering
    http://www.consumereagle.com/sprint...decreased-by-4-07-after-short-covering/48898/


    btw TTT I wouldn't mind trading some of your options but I can't follow all those threadsssss you opened-post... do you post any on your "journal"?
     
  9. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Ciao, Usually their in the journal but on the spot sometimes in the thread. You could say I am all over the board. After the pullbacks jump on the galloping horse :D
     
  10. Tiptopptrader

    Tiptopptrader Well-Known Member

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    A overdue pullback for S this morning but very small and now turning green

    upload_2016-7-27_7-20-35.png
     
  11. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Now a more significant pull back and still overbought

    upload_2016-7-27_8-53-28.png
     
  12. Tiptopptrader

    Tiptopptrader Well-Known Member

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    The shorts are all over S today. Sure glad I sold almost all my calls yesterday. All I have left is half of my Aug 19th $6 calls.

    upload_2016-7-27_10-25-21.png
     
  13. leonx81

    leonx81 Well-Known Member

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    Temping to pick up some JAN 20 $7 calls, may pull the trigger today. :)
     
  14. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Correction on that post I still have part of my August 19th $4.50 calls. This gives me an option to take more profit or buy the shares back I sold at a much higher price.
     
  15. Tiptopptrader

    Tiptopptrader Well-Known Member

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  16. Tiptopptrader

    Tiptopptrader Well-Known Member

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    After one down day, now back up and sitting a top the upper BB. I think this statement from the CEO re-sparked the run some what: I plan to spend 45 percent of my time on Sprint and another 45 percent on ARM."

    Current Calls

    August 19th $4.50
    Aug 19th $6
    Aug 26th $7 (bought yesterday with mad money for 6 cents)

    upload_2016-7-28_16-53-54.png
     
  17. leonx81

    leonx81 Well-Known Member

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    Back into the game and currently holding some Jan 20 $7 calls.
     
  18. Tiptopptrader

    Tiptopptrader Well-Known Member

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    With S still overbought it is pushing against market pressure

    upload_2016-7-29_7-11-15.png
     
  19. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Moving good now

    upload_2016-7-29_8-55-54.png
     
  20. StockJock-e

    StockJock-e Brew Master
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    The lines are from the last chart I posted!

    I should have payed closer attention lol!

    [​IMG]
     
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