The dam has broken and this stock is dead meat. Won't take many days like today to bring it below 35 very very soon. Market sees no reason to buy a damaged stock. Last earnings killed this stock. Feel bad for those that bought around $39. Won't see that again for years.
Hopefully T will drop to $25 and your DRIP will really be nice!! And the quarter after that maybe T will be $22 and your DRIP will really kick butt .And maybe the quarter after that T will drop to $20....then$18!!!! Think of all the "free" shares you'll be raking in then!!!
What kind of a moron is ecstatic when their stock goes down every day? The stupidity of the average "investor" can never be underestimated. Smart people make a lot of $$ banking on that fact.