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Old 06-28-2012, 12:24 PM   #16
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

Sprint was on the verge of bankruptcy and almost went out of business. They were losing customers by the assload, and still may not be viable in the long run. That's why their stock is so low.
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Old 06-28-2012, 12:28 PM   #17
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

Quote:
Originally Posted by Jailblazers7
I think the big difference is that Verizon and AT&T provide a lot of services to business and residential customers while Sprint is pretty much just a wireless internet/cell phone service.


This. Can't really compare Sprint to AT&T since AT&T is not only a bigger telephone company, but also one of the largest broadband and digital television providers. Sprint just isn't on the same level. Revenue wise, AT&T is on the same level as Walmart and Bank of America.
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Old 06-28-2012, 03:43 PM   #18
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

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Old 06-28-2012, 04:04 PM   #19
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

Stock prices are not determined by ratios, comparisons, value, etc. The real stock market and share prices are driven by decisions based on beliefs, instincts, and feelings. Basically supply and demand.

Quote:
Sprint was on the verge of bankruptcy and almost went out of business. They were losing customers by the assload, and still may not be viable in the long run. That's why their stock is so low.
Basically this.

Of course there is financial information that investors look at and analyze like price to earnings, net value, q value etc. but the real determinant in share price is the decisions of investors that drive supply and demand. That is why the stock market is volatile.

Last edited by shlver : 06-28-2012 at 04:07 PM.
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Old 06-28-2012, 04:17 PM   #20
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

Quote:
Originally Posted by shlver
Stock prices are not determined by ratios, comparisons, value, etc. The real stock market and share prices are driven by decisions based on beliefs, instincts, and feelings. Basically supply and demand.


Basically this.

Of course there is financial information that investors look at and analyze like price to earnings, net value, q value etc. but the real determinant in share price is the decisions of investors that drive supply and demand. That is why the stock market is volatile.
^^^ and the amount of shares they wish to put out...

If Sprint wanted, they could do a reverse split to double the value of their stock (but cut the number of shares in half)

If AT&T wanted, they could do a stock split and double the amount of shares out there and make their stock half the price...



actual quarterly reports are also a factor as well...obviously
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Old 06-28-2012, 04:50 PM   #21
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

Quote:
Originally Posted by -p.tiddy-
^^^ and the amount of shares they wish to put out...

If Sprint wanted, they could do a reverse split to double the value of their stock (but cut the number of shares in half)

If AT&T wanted, they could do a stock split and double the amount of shares out there and make their stock half the price...



actual quarterly reports are also a factor as well...obviously


The amount of shares outstanding is not the only reason for the stock price. It does have some say in it. But like like you mentioned they could do a reverse split to raise their stock price and reducing their outstanding shares and vice versa. But there are companies out there that have only 100,000 shares outstanding and their stock price is at below $10 bucks. The more shares you have the more it takes the stock price to move, but it all comes down what price is the investor looking to pay to buy the company's shares.

Last edited by Celtics4ever : 06-28-2012 at 04:54 PM.
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Old 06-28-2012, 04:56 PM   #22
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

Quote:
Originally Posted by Celtics4ever
The amount of shares outstanding is not directly related to the stock price. It does have a little say in it. There are companies out there that have only 100,000 shares outstanding and their stock price is at below $10 bucks. The more shares you have the more it takes the stock price to move, but it all comes down what price is the investor looking to pay to buy the company's shares.
huh? the amount of shares is DIRECTLY related to the stock price though...


if company A is valued at $50 mill and releases 50,000 shares...then each share would be worth $1,000

if they released 50,000,000 shares then each share would be worth $1 a piece


it might be a bit more complex than that, but that is the gist of it...
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Old 06-28-2012, 05:01 PM   #23
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

Quote:
Originally Posted by -p.tiddy-
huh? the amount of shares is DIRECTLY related to the stock price though...


if company A is valued at $50 mill and releases 50,000 shares...then each share would be worth $1,000

if they released 50,000,000 shares then each share would be worth $1 a piece


it might be a bit more complex than that, but that is the gist of it...

I worded this incorrectly and I changed it in the post above before you posted this. Sorry.
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Old 06-28-2012, 05:04 PM   #24
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

Quote:
Originally Posted by -p.tiddy-
huh? the amount of shares is DIRECTLY related to the stock price though...


if company A is valued at $50 mill and releases 50,000 shares...then each share would be worth $1,000

if they released 50,000,000 shares then each share would be worth $1 a piece


it might be a bit more complex than that, but that is the gist of it...

There are companies that have done 2-3 reverse splits. Go look at YRCW. They have done 3 reverse splits in the past 3 years, but their stock price always goes back down to under 10 cents after the reverse split because it all depends on how much the investor is willing to buy the company at and how much the investor is willing to sell the company at.
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Old 06-28-2012, 05:06 PM   #25
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

Quote:
Originally Posted by shlver
Stock prices are not determined by ratios, comparisons, value, etc. The real stock market and share prices are driven by decisions based on beliefs, instincts, and feelings. Basically supply and demand.


Basically this.

Of course there is financial information that investors look at and analyze like price to earnings, net value, q value etc. but the real determinant in share price is the decisions of investors that drive supply and demand. That is why the stock market is volatile.

Yeah, "animal spirits" or whatever you want to call it is the reason for short-term volatility but stock prices will gravitate toward their true value over time which is based on the financials and growth potential of the company.
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Old 06-28-2012, 05:16 PM   #26
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

Quote:
Originally Posted by Celtics4ever
There are companies that have done 2-3 reverse splits. Go look at YRCW. They have done 3 reverse splits in the past 3 years, but their stock price always goes back down to under 10 cents after the reverse split because it all depends on how much the investor is willing to buy the company at and how much the investor is willing to sell the company at.
yeah that is what I was saying, if Sprint felt their stock was too cheap they could do reverse splits if they really wanted to jack it up...
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Old 07-26-2012, 05:01 PM   #27
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

jesus Sprint just broke $4.00....

this stock has gone from about $2.52 consistently climbing all the way up to $4.05 now i knew it was undervalued, and still undervalued imo.
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Old 07-27-2012, 10:36 PM   #28
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

Cramer pimpin Sprint

http://www.cnbc.com/id/48362351?__source=yahoo|headline|quote|text|&par=y ahoo
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Old 07-27-2012, 10:50 PM   #29
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Default Re: Does it make sense that Sprint stock is 3.18/share while Verizon/AT&T are 43.57/35.18

heres the difference for you wannabe investors. sprint has a volume of 169,930,002, thats how many shares are available. at&t has 45,582,890. depending on how much total shares available equal to actual ownership/control of the business is another factor. but if total shares to ownership were the same with both companies, you would condensed down the volume of sprint to get an equal estimate. you would get this

per share
at&t $37.14

Sprint $16.06
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