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Re: Why is VM down so much today?     29-Oct-09 02:11 pm    
This company has been bought out by Sprint. Thus, the performance of this company is tied to the performance of Sprint. The reason being has to do with the collar pricing. If Sprint's stock price rises, this rises the amount of money that each VM shareholder gets. So, VM stock price will rise as well, because people want the buyout deal. The opposite is true as well (if Sprint stock price declines, so will VM, because VM shareholders won't get as much money in the buyout deal).
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siusaluki13

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buddhazenpe... Rate it 29-Oct-09 01:51 pm  
 
Re: Why is VM down so much today?
siusaluki13 Not rated 29-Oct-09 02:11 pm  
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