Thread regarding AT&T layoffs

OMG, Randy does not like this,LOL

Hedge fund manager Todd Westhus recommends betting against AT&T bonds

Olympic Peak’s Todd Westhus recommends shorting AT&T bonds.

AT&T “has a ton of debt,” he says. “This is a very mature business. Revenues have been declining and the trend will continue.”

Published 13 Hours Ago Updated 10 Hours Ago CNBC.com

He recommends shorting the company's bonds.

Shorting is a trading strategy that involves selling a borrowed asset with a view that it will drop in value and the asset can be bought back later at a lower price.

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| 1292 views | | 5 replies (last October 8, 2018) | Reply
Post ID: @OP+VtmYZuj

5 replies (most recent on top)

Randy needs to talk to Dave Ramsey and attend Financial Peace University

"The borrower is slave to the Lender"

  • God
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Post ID: @4lxm+VtmYZuj

I’ve always felt that edicts coming from Hedge Funds are ‘iffy’ at best but here is a true fact to think about. My Subaru salesman WAS a Hedge Fund Manager (lower level)......he said it was like the ‘Wild Wild West’ on a day to day. What was true yesterday wouldn’t necessarily be today, and probably won’t be tomorrow!

I would take Todd Westhus’s recommendation with a HUGE grain of salt!

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Post ID: @2paz+VtmYZuj

The issue isn't the debt alone. The biggest issue is the cash that will be necessary to make debt service and extinguish payments. This will divert cash flow from operations (salaries, bonus, hiring etc.), capital (network investment and maintenance), and dividends (investors). If the TW acquisition fails to be accretive from a cash flow perspective there will be major impacts to both the business and the stock.

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Post ID: @2yde+VtmYZuj

That is Randy's yo-yo loser game, with 100B of acquisitions combined in the last 6 years, same old sh--Stock

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Post ID: @wac+VtmYZuj

Debt could be a huge issue if they have to do any refinancing. I noticed interest rates on deposits have begun to budge upwards even at the lowly brick and mortar banks.

At Schwab, all FDIC new issue CDs except the one month are north of 2% interest. 3 year is at 3.1% interest.

There could be hefty interest increases if they have to refinance any of their debt.

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Post ID: @wla+VtmYZuj

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