Customers are bailing from VZ (I will soon join them when my 2-yr contract ends) and now, investors are too. Once it gets to $42, if that doesnt hold, $37
Its not all about the money, sure, a company has to be profitable, but more importantly, should be responsible and provide a service at a reasonable price to the consumer, if they cannot do that, the consumer will get smart and move on. VZ is not reasonably priced, good service, terrible pricing. Cant speak for T. I have had S in the past and son has TMUS and told me he has no problems with the service. Thats where am going in 4 mo. GL to you also!!
VZ is making money because they are raping people. $60/mo for 10GB is criminal. Of course they will make money charging exorbitant rates. WHY are they charging $35 activation for EACH device when T, S and TMUS charge NOTHING??? Why the RIPOFF 2 yr contracts?? Praise the company all you want, they will get a lesson handed to them for their greed.
VZ might be the biggest of the telecoms currently, but it certainly not the best. Sprint and Tmobile have on-par technology as VZ. At one time, VZ did rule the space, but no more. If this trend does continue, VZ will lose more and more market share and will fall behind the up and coming leaders such as Tmobile and Sprint. My son has unlimited talk, text and UNLIMITED data on his phone AND his ipad and pays $82.61/mo. He also has no problems in coverage and signal strength. After my contract with VZ ends, I will be leaving for tmobile. Tired of paying $144 for unlimited talk, text and 10GB of data for my phone and tablet, tired of rationing my time so it can last til end of month. Plus, Tmobile has NO activation fee and NO CONTRACTS. VZ is a total ripoff.
lets see, another downgrade, PT cut to $50, full valuation, translation, this POS aint moving nowheres except down. Buying at $43
WHY are you in the stock market if you cant take the normal ups and downs of the stock price??? Just because you got in doesnt mean that now all of a sudden, the stock is ONLY supposed to go up...wait and you will get your price!! Got more at 63.81
Did great, only lost about $2800 today, and only down about $46K in the stock since I bought in Sep, I would say I am doing great cause it could be alot worse!!