S - Sprint Nextel - Page 48

You got it.

4.03 now at 6.5Mil volume. Are you in Wolverine?

Yes, I actually just took profits on half.

Nice! I'm a noob trading with Zecco, so I'll have to wait till the market opens to cash out. What was your entry price if you don't mind me asking?

I had to go back and look it up. I made 3 buys here. 1 at 4.17 25% 1 at 4.00 25% and the last half was at 3.86. So I still hold half at an average of 4.085

Gotcha, it's hit a high of 4.11 at one point in PM as far as I can see, so I wouldn't be too surprised if it reaches that point at opening.

It will probably hit 4.20 now that I sold. Good luck today and Great trading.

Thanks you too!

Sold out at $3.98 for a .22 a share gain. Probably missed out on a little more profit, but I don't think Sprint will hold the gains too long. We'll see I guess.

Nice trade Nothing wrong with 5% profits over a couple days.

Thanks Wolverine. Looks like I took my profits at the right time, it's sitting around the 3.90 mark now. I think this one is going to end up sliding down as aznaro8 suggested. I'll be watching only for awhile now.

I think thats a good idea. I will be waiting to add also. I should have dumped the whole thing and just took a small loss. I just hate taking losses.

I'm pretty sure that I am the luckiest trader here. I almost dumped this on Friday.

Good call! I am regretting selling at 3.98 now haha, but who would've known. Wonder how much she has left?

S should be in for a sustained run. Einhorn's Greenlight Capital "just finished buying" as he said on CNBC this morning. If you're in it for a flip, I'd consider getting out if the market churns much into this week, but if you're investing, just sit back and trim your holdings along the way, eventually. It should be a good ride. Between this news, cleaning up the Clearwire mess, and announcing they are cutting out Nextel network starting in '13, it's got quite a load of fuel.

HOD is 4.255, Daily 50MA is 4.26, 200 is 4.27, and 100 is 4.35. Reevaluating here, it's hit a wall, obviously, and you can play a break through the 50&200, wait for a break of the 100, or buy any reasonable pullbacks. I definitely think this is a pretty safe buy, although there is some risk of another dip to 4.

What do you guys think about the Jan 2011 $5 options. It up 100% and looks pretty cheep based on todays news

Congrats everyone that had the patience to hold this

I bought 10 contracts @ 9 cents a month back, right now I'm break even But I do think there's good chance of gaining some profit from those calls.

S at 4.37 pre-market high! Got upgraded by Deutsche Bank and ranked #3 best U.S. Cellular Network by Consumer Reports!