What is happening with the share price the last few days and expecially today? Any news out or just profit taking?
profit taking. big guys want profits. then they convince retailers the end is near and they all sell telcos back to the big guys at lower pps. Big guys like the yield on many telcos still.
That is not what is happening here. It is simply The House of Pain and it has JUST begun.
It's Profit taking.BTW - all of the telcos have had a nice run-up and are down today. WIN, FTR, VZ, T and Q are all having down days.
It it The House of Pain and it has JUST begun.