Seeking Alpha
All posts from Seeking Alpha
Seeking Alpha in Seeking Alpha - Read, Decide, Invest.,

Sprint: Cutting Bills In Half And The Stock By 40%

The popular adage of, "The stock is down this much, how much lower can it go?" was debunked by Peter Lynch many years ago. Lynch said that while it's true sometimes a stock's decline stops and the company turns around, sometimes the stock never recovers. Sprint's (NYSE:S) stock in the last year has declined by roughly 40%. Some investors might believe it's time to jump in with both feet. However, there are at least three reasons to believe that while Sprint is "cutting bills in half," the company's stock could continue to fall. Read more