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Sprint Nextel Corporation |
Now don't take this the wrong way, but I do expect their November 1st
earnings announcement to be VERY BAD.
In another post I wrote...
At the rate Sprint is losing customers (subscribers), I expect the
earnings announcement to be bad, really bad.
I'm sure the stock will be hit very bad when they announce earnings on
November 1st and for a few days following the earnings announcement,
but I believe that'll be a very good buying opportunity. Wait until a
week or so after Sprint's November 1st earnings announcement for the
smoke to clear and take advantage of carnage and the buying
opportunity.
They have some good stuff on the horizon, but the earnings hit to the
stock price will be very bad.