Don't forget that he has developed his own army. It is called The Department of Homeland Security (AKA; Brown Shirts).
Take a look at the Balance Sheet. http://finance.yahoo.com/q/bs?s=T+Balance+Sheet&annual
Notice how the cash has increase from 1 billion to over 4 billion in the last two years while T has repurchased 12 billion in stock and only borrowed 8 billion. What we have here is a cash cow and 3 billion is hardly worth mentioning. Still paying off 3 billion does attract some attention.
Heck, we don't even know why we had a facility in Benghazi in the first place. It is rumoured that it was to support the Syrian rebels but why don't we know for sure. Isn't this the most transparent administration ever???
Or maybe Obama should be impeached for having a covert operation in Benghazi to supply Syrian rebels with anti aircraft missiles and recruiting Libyans into the rebel Syrian forces. That is why the Syrian army destroyed the installation. It had nothing to do with an anti Muslim video.
That may be the reason for the upturn in the price of (T) today. It is evidence of a positive cash flow. Some may even believe that it is a preview of a coming 2 cent rise in the dividend instead of the usual penny.
Anyone as old as I am remembers a lot about it. Prison was an excellent cure for what ailed Mandela. When he was released from prison he was one of the best communists that ever ruled.
Obama's only connection with Kenya is the college student that Obama's grandfather hired to marry Obama's mother to make his birth appear to be legitimate. Obama published a book "Dreams from My Father" to reinforce the lie and hide the fact of his true father. Google "Dreams from My REAL Father" to get the whole story (both sides of the story). Snopes, of course, denies it.
Have you never heard about inflation? The value of the dollar drops more than 1% per year so a CD paying 1% is a loser. Meanwhile the assets of AT&T appreciate based on the cheaper dollar.
Abraham Lincoln still holds the title for most Americans killed but Obama has bought enough ammunition for the DHS, as well as armoured vehicles, to catch up very quickly.
Please be aware of my less than stellar ability to forecast future prices. Last year at this time I was predicting AT&T would hit $40 by 4/1. Guess who turned out to be an April fool.
GOP will probably not impeach Obama until 2015 when they have a large majority in both houses. Benghazi will only be one of the charges. There are many more reasons that he should answer for.
T is the largest company in this industry and not likely to grow at the same rate as smaller competitors. Those who seek growth go to VZ which is growing faster and pays a larger dividend. It trades in the high end of the range you suggest.
The low on January 2 was $34.21 just like today so it seems as if it has been a very flat year. However, anyone brilliant enough to buy at $32.76 on 1/18 and sell at $39 on 4/23 made a neat 19% capital gain plus a 45 cent dividend. The odds of that happening are pretty slim but I can't agree with your Strong Sell position.
And this is the same support level as yesterday when a very few lucky people got into AT&T at $34.20. The lower Bollinger Band is at $34.75 and this is the third day in a row that T has been trading below the lower band. This is pretty strong confirmation of the down trend that started at the beginning of November. However the Bollinger Bands where $3.61 apart at the beginning of November and now are only $1.07 apart indicating much lower volatility going forward. Since we are in a downtrend I would not expect a recovery to much above $35 before the next down move to a little below $34. This is definitely a time to HOLD for $37 next year.
Let me splain. It is the car that is suppose to in and out of the GARAGE. No wonder you are having a problem with your 401K. I'm sure it is not large enough to drive a GARAGE into.
"Organizing For Action is looking for enthusiastic, dedicated folks to join our Spring Fellows program and get trained to be a lasting voice for change in their community." They train you in how to beat the system.
An interesting sidelight is that the above could not be highlighted and copied from the e-mail that I received from OFA. Seems Obama is more concerned about keeping his actions under wraps than he is about securing the information on the web site for the ACA. So much for his transparent administration.