Friday, February 3, 2012

Stock Alert -Leap Wireless (LEAP +6.4%) and MetroPCS (PCS +3%) - 2/3/12

Leap Wireless (LEAP +6.4%) and MetroPCS (PCS +3%) have enjoyed much of the cheap smartphone pre-paid market, but BTIG believes that could change with the plan America Movil (AMX +3.8%) is expected to offer in the U.S., a SIM card that can be used in any AT&T (T) or T-Mobile phone, including the "the healthy inventory of used iPhones." (AAPL)

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