A law suit was filed against T for infringement today. I think the drop will be short lived.
I think it would be wise to buy some cheap, out of the money, puts for insurance. It is sure cheaper than health insurance is going to be.
I thought they only did that before elections. Do you suppose Obama feels in competition with Jesus this month?
Those of us that are optimists rejoice that we came within 9 cents of $35 today. Do you really enjoy the dark side? I can't even see the dark side of AT&T.
Re-read the reasons for breaking away from England and it makes you wonder if we are better off now. Just one gem "He has erected a Multitude of new Offices, and sent hither Swarms of Officers to harass our People, and eat out their Substance." Can we tolerate a King like that???
Get rid of minimum wage laws. What ever made us think a bunch of lawyers knew what a job was worth? Of course this might cause some of those lawyers to lose their job at the next election but we will get along just fine without them.
I had to smile when I went to Jack-in-the-box the other day and found they have installed a machine to take your order. They are getting ready to stay in business by automating the whole process. Hamburgers can be made to order untouched by human hands. The machines are not cheap but they don't cost $15 per hour plus taxes and they don't protest for higher wages. A few highly paid technicians can keep them running at top efficiency.
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.