Good price (52 Week Range 46.30 - 68.49), option money, dividend...Yeah, why would anyone buy this piece of trash??
Oh man, I feel your pain about your friend. Dividends mean total shit when the stock in is the toilet. My small position on T (high yield asshole stock) is worst thing ever. The yields means nothing when you lose more in NLV than the yield provides! Show him a chart of T on my behalf, so he gets a clue! I trimmed a bit of the T when it spiked the past two weeks on that bounce off the low, and will endeavor to dump the rest soon.
my condolences on T…it dropped another 4% premaket today 2/1/22. Was earning today for T? My next door neighbor also fall into the investment type of camp. He said he like to invest in telecom stonks like T cause they got good dividends. I asked him what if the stonk keeps going down and down? He said he like to average down. So I ended the conversation right there.
AT&T to spin off WarnerMedia in $43-billion Discovery merger, cuts dividend https://finance.yahoo.com/news/t-spin-off-warnermedia-43-113701547.html?.tsrc=fin-notif