JustKickItForward
Recycles dryer sheets
- Joined
- Aug 5, 2018
- Messages
- 75
Is there any hope for T stock ? It's spiraling down and don't know what to do with it.
I don't buy that logic either, since if one is a long term investor then a dip for 12-18 months would not be of any concern and would in fact be helpful if one was DRIPping the stock or wanting to buy more.I own a small amount of shares in my IRA.
It was around $33 when the spinoff was announced. Now it's 25 and change. Down approximately 22%
Militant T backers on the yahoo message board are claiming manipulation.
I believe their theory goes something like this. The analyst's are downgrading the stock in the hope that people keep selling & the institutions/funds can then buy shares on the cheap.
I don't buy it.
Is there a reason for the downward spiral? Are they not doing well?
Here’s a story describing their debts and other problems.
https://www.investing.com/analysis/att-from-dividend-play-to-risky-turnaround-bet-200604696
Look on Twitter for the spoof commercial. They may have alienated a potential 50% of their customers. Can I say that? Otherwise my lips are sealed due to forum guidelines. One of my friends is dropping them because of it and says many of her friends and family are, too.
I have no idea what your post means.
You can Google it but I personally don’t buy that T’s stock price has been going down due to political reasons. It may have an immaterial effect but I think GravitySucks explanations make more sense.