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Verizon Communications Inc. Message Board

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  • vwdiesel10 vwdiesel10 Oct 4, 2012 3:39 PM Flag

    VZ to 52 and a dividend. I'll take it.

    Not sure about the $52 hit for the short-term, but it looks like it is definitely moving higher. Might be enough momentum to get us to that 52wk high spike over $48 before too long.

    Might get choppy tomorrow with the jobs number due out, but through the rest of the month, if the trend continues, we should make $48+ fairly easily. Difficult to justify based on the underlying earnings, but there might be enough "noise" surround Apple sales to keep people guessing at better than expected margins on lower iPhone sales for Q3, which will also take some hit off of Q4 as well, since the sales will be split across the two.

48.62-0.52(-1.06%)10:37 AMEDT