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BT Group plc Message Board

  • mark.wade1960 mark.wade1960 Jun 16, 2009 2:52 PM Flag

    Short $ 16.64

    looks a little high on the chart take a day so max T / A trade only

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    • Any person who shots BT at this point, is taking an incredible gamble. BT has almost risen about 90% since its March low of $9.00 and change on the NYSE. Management has done a fantastic job in cutting jobs, trimming away independent contractors, consolidating departments, executing extreme cost cutting measures. (no bonuses and no raises). Besides implementing these measures, they are also rolling out new the news on the is not secret or is public..over 99million pound contract with the UK military, and, the big news....fiber optic...BT has the intention of eventually bringing fiber to all households in the UK. Sure, it will take years and years...but they have begun. BT retail will deliver a great product. Likewise, GS, the bad boy that brought BT tumbling down, is getting its act together. People have been replaced, consolidation is taking place, and more heads will be sent to the unemployment chopping block. But in the end, BT will once again trade at 5 pounds a shareon the FTSE and around $50 on the NYSE. Over night, no. But in time. This is a great long term investment. I can not imagine why anyone would consider shorting this stock.
      GO BT!!!!


    • looks like you crapped out.

33.46+0.19(+0.57%)May 27 4:02 PMEDT