Sprint bubble is bursting ?

Discussion in 'Stocks' started by hajimow, Aug 16, 2012.

  1. I jumped the gun too soon to short S but it seems that today is the start of bursting the bubble. Yesterday AH, it was traded at 5.44 and the high of yesterday was 5.49 which was also 52 weeks high. I believe it will hit 5 and below by tomorrow. Good for a short term profit. It is trading at 5.15 now. Volume is high (80M) so there is no liquidity issue.
     
  2. Check it out today. Very bearish or profit taking.Trading at 5.07 now. Low of the day is $4.95