But we defended, with our lives, their right to lie. Now they want to take away our right to tell the truth by calling it "politically incorrect".
My great, great, grandfather thought the same about the T-Party of his day. He was loyal to the King and didn't help in the Revolutionary war which was "a "military takeover" of the United States government and the imposition of martial law." Please read the "Declaration of Independence" and note the reasons stated for breaking away from England. I think you will find that we have even greater reasons to revolt. King George never required us to buy health insurance.
And why are you complaining about your 40% increase in the bull market??? Just angry that you didn't buy more in 2010???
" I even sold some covered calls feb 22 $26". I hope you meant $36 unless it was intended as a way to dump some shares. Selling the weekly call options is a much better way to play it. JMHO
Do they really buy back stock? The book value per share is only 1/10th of the market value. In fact the book value of IBM is only a couple of bucks higher than the book value of T but IBM earns about 10 times as much per share as T does. No wonder no one pays any attention to book value anymore.
One analyst is predicting $42 but the average of all 24 analysts is $37. T is not a get rich quick stock but can be very profitable if bought and sold at the right time. NOW is time to buy. JMHO
Sentiment: Strong Buy
It may be a while before it is published in the NY Times and Obama finds out about it. But when he does, he will get to the bottom of it and punish those responsible.
NOW is the time to buy T but you might want to wait for another drop to $174 for IBM. They are taking a big hit today and volume is still high.
Did you notice that those who invested at $33.09 on August 8th made over 11% gain in the following three weeks? Bye the way, I thought I put you on ignore. Did you change your name again?
I think you are giving Sprint and TMUS more attention than they deserve. T is so much superior to either one that they are no threat. TMUS is, as you say, way overpriced and I think the 1/17/15 $22 puts @ 75 cents is a pretty good bet to make a profit. TMUS is growing much faster than T so they must be doing something right but a price war with T would be a major mistake. T has a Gross Profit margin of over 56% while TMUS is only 42%. The odds are staked against them.
Legere may be an egotistical self absorbed CEO but he sure runs a tight ship. Sprint has 7 times as much gross income as T-Mobile but TMUS makes a nice profit while S never does. If they combine and turn over the whole thing to Legere, T might have something to worry about.
I think you are right that this is a great time to buy T. Even though it is still in a down trend, there is very strong support just above $33 where we are now. The next three months should be nothing but up. I think you can safely put Newnew and her $27 on IGNORE.
If you are day trading, that was probably a good move. However, the down trend that started on November first has not reversed. Last year T started an uptrend on 1/17 after looking much like this year in the first half of January. In 2012 the upturn started on 1/27 so, while you may not have bought at the very bottom, you may be looking very good by April.
AT&T has nearly a quarter of a million employees. They contribute an average of $29,000 each to the bottom line. It is doubtful that the stock price will be directly affected by minor fluctuations in the work force.
Maybe I can "splain" it so you can understand. As the price of a stock goes up, the percentage return goes down. The return is the numerator and the stock price is the denominator. Oh forget it. You probably don't know about numerators and denominators. You will get it when you get to the 4th grade.