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AT&T, Inc. Message Board

  • ossobucco20l2 ossobucco20l2 Jun 7, 2013 11:29 AM Flag

    WOW!!!

     

    It's officially over for this stock. Down AGAIN on a day like today (and on big volume!)????!!!!! What could possibly make this go up if not a day like today? Not sure where the bottom is but we are nowhere near it. Glad I didn't buy near $39!!!

    Cheers.

    Osso

    Strong Strong Sell

    Sentiment: Strong Sell

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    • The Dow going up or down rarely means much to this stock, T is a dividend play only, and rises and falls with interest rates, as of now there is a big fear of the Fed raising rates, hence T and VZ will not do as well,, more T only because as of now they are not earning enough to keep paying this dividend..... just my opinion...

    • T may be down but it is not out. The chart indicates it is about to move up. It moved up too much yesterday and it was a hard act to follow. Yesterday the Stochastic moved above 20 (a common buy signal). The bottom is $34.80 and were there at the beginning of the week. I think we are down today because it is suspected that Verizon is not the only phone company that is being monitored by the government.

 
T
40.89-0.11(-0.27%)Aug 30 4:00 PMEDT