Sprint Stock trading at $3.12 as of 12:23pm

**Dark_Blu** · 08-10-2011, 11:25 AM

Sprint stock is trading pretty low. $3.12. Tell me why none of us should not feel nervous about our beloved cell vendor being bought off by someone (Verizon?). Didn't they just post a pretty big loss last quarter? Is the Light Squared money going to keep them afloat? The stock price isn't looking good.

**lornaevo** · 08-10-2011, 11:36 AM

It's not just sprint, everything is trading lower.

**Dark_Blu** · 08-10-2011, 11:44 AM

Yes, but AT&T, RIM, &, and Verizon are trading higher than that. MUCH higher than $3. How low does Sprint have to go to get de-listed?

**Linkchomp** · 08-10-2011, 02:44 PM

time to buy some sprint stock

**NMherron** · 08-10-2011, 05:36 PM

Verizon doesn't want Sprint. Sprint has too much debt and it won't get a larger network. Verizon already has coverage in virtually every place Sprint does. It will just get about 26M post-paid customers. Not worth taking on that much debt for those folks.

Not to mention that the FTC will make them divest off a good chunk anyway. They made Verizon divest almost 50% of Alltel. And Alltel wasn't even half the size of Sprint.

As interesting and dramatic as that would be, It just doesn't make any sense for Verizon to go after Sprint right now.