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Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
27265 posts

Buy, Sell, or Hold HPQ & Sprint

Bought 200 shares of HPQ in November 2012 at around $12, and bought 600 shares Sprint in May 2012 at $2.34. I rarely play with single stocks, as in I buy positions only 3-4 times per year. I thought these prices were too good to pass up, so I made a small gamble, and it's paid off quickly.


Neither company looks to be going to collapse anytime soon, MT's thoughts???



BARNEYSTINSON
LSU Fan
Member since Oct 2011
224 posts
Online

re: Buy, Sell, or Hold HPQ & Sprint
Depending on how much capital you tied up, I would look at trying to get the principal or a percentage the percentage where you would have sold if it started losing out. And then, treat the remaining shares as house money.


Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
27265 posts

re: Buy, Sell, or Hold HPQ & Sprint
That was my thinking as well, true story, lol.
Could easily do that with sprint, and that's what I was thinking. Sell 300 @ $5.60, still have my original investment + about 23% gain, and pocket my original investment + 20% gain after fees.

HPQ hasn't made quite enough for me to do that, yet. But with it's dividend yield, it may only be a couple months away.


dallastiger55
LSU Fan
Jennings, LA
Member since Jan 2010
6737 posts

re: Buy, Sell, or Hold HPQ & Sprint
Sprint is interesting. I still think Dish Network wants to buy them as they've asked the FCC the stop the softbank buyout. Dish has the $$$ and wants to buy clearwire and sprint.


Vols&Shaft83
Tennessee Fan
Throbbing Member
Member since Dec 2012
27265 posts

re: Buy, Sell, or Hold HPQ & Sprint
quote:

Sprint is interesting. I still think Dish Network wants to buy them as they've asked the FCC the stop the softbank buyout. Dish has the $$$ and wants to buy clearwire and sprint.



I've read that Dish wants clearwire, hadn't heard they wanted sprint as well?


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