AT&T, Inc. Message Board
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The market is calm; AT&T is not
T is down 50+ cents today on higher than average volume. Those March 34 calls I recommended at $1 are now down to 50 cents. Apparently the market is not happy with the 4th Quarter report.
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Screw the market,
down means better entry and higher yield..
anyone ever worry that AT&T lets anyone use their systems for free?
owning ------- a solid way to off set the cost of being dependent on them!- 1 Reply to prometheus_bringsfire
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There is no such thing as a free phone. That gal that got 30 free "Obama Phones" got her phone bill the other day. Now she wants someone to assassinate Obama. What a laugh.
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Closing near the low for the day usually indicates even lower tomorrow. Volume today was 130% of average volume, again indicating a likelihood that the trend will continue tomorrow.
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if T can just get out of its own way it should have a successful year above normal mediocre performance and have shot at $40 between Q4 and Q6. Should be a mediocre performer rather than the stellar performance in 2012, a bit of profit taking has been in order for some time.
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I am a buyer of Feb 32 calls. t will bounce back just fine.
Sentiment: Strong Buy
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