I made my first stock purchase today (not counting all the stuff in my retirement account, but I don't really pick those). I decided to toss a very small amount of money at Sprint, because I think they're undervalued now, and ripe for a takeover/buyout. I know there are fears of bankruptcy, but they have very real assets (spectrum & customers) that are worth real dollars. So, I risked a small amount of money (less than my last video game system) on some of their stock, now to see if it pays off...