Thread regarding AT&T layoffs

How low would it have to go?

How low would our share price have to go for the current leadership to be held accountable?

And I know it is going up right now, but I think we all know it's only a matter of time before it continues its downward trajectory once again. Nothing that is pushing it up is substantial or has any staying power.

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| 722 views | | 3 replies (last October 1, 2019) | Reply
Post ID: @OP+11jK5wVl

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Post ID: @jke+11jK5wVl

OP, fair question, but unless you’re a Wall St. analyst and have some inside info you want to share, consider this. Everyone, and I include mutual & hedge funds especially, hold the lions share of T....they don’t have a crystal ball, just Research.

I will admit that research is not infallible as the Great Recession saw T slip from the low $40’s to $23 per share, but most everyone took a similar hit. T is mostly a dividend play, though once a growth stock way back, and it has been in a stagnate trading range, but Microsoft languished exactly the same way, from 2003-2016 before moving up, who knows where T will be in a year....I remember the board criers calling for the low 20’s by now.

T’s recent purchases, ( their past screw ups aside) might prove fortuitous in the long run. I say that as a person who faces a Surplus on one side while holding stock on the other. I have always been a buy and hold investor and when T slipped to $23, my auto investing was getting a near 2 for 1 Value plus dividends if you consider today’s activity....don’t be quick in jumping to conclusions as did those "board criers."

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Post ID: @rcn+11jK5wVl

It’s going up right now as you stated. That’s all Wall Street cares.

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Post ID: @ivp+11jK5wVl

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