Everyone was watching the T-Mobile and T saga as it played out and the failure of the merger was expected to foment a windfall for Sprint, but we have not seen it in the stock price yet.  Could S dip into the penny stock range? Sure. They gambled a lot on the iPhone a few months ago and for the impatient, there hasn't been much good news.  But I think if you can tolerate the occasional dip below $2, you'll see $3 before too long in this stock.