VZ T - Why are Telecoms getting @$$-hammered?

Discussion in 'Stocks' started by kmiklas, Oct 12, 2021.

  1. kmiklas


    Daily/hourly candles... Anyone know what's going on? I've been Googling for 15 mins can't find any news.
    Last edited: Oct 12, 2021
  2. xandman


    They haven't grown revenue in years. Worse for T who has acquired a lot of media assets and is competing with Netflix .

    The rise in interest rates compounds the issue as they are big users of debt. With no revenue growth, how will they pass on costs to the customer?

    5G was a big capex that hasn't paid off.
  3. themickey


    Falling thru long term support @ $52.
    There may be a blowoff bottom coming with support at $50-$49.
    Has PE=10, Should be a good buy soon.
    kmiklas likes this.
  4. destriero


    Likely debt downgrades coming in Nov.
  5. Overnight


    Indeed. I have a small position in T when I switched to a high-div portfolio just before last year's COVID crunch, and the stock has yet to recover to BE, even with div payouts. POS.
  6. kmiklas


    I thought that T would get a pop from spinning off DirectTV
    DIRECTV to Own and Operate Former AT&T Video Operations (att.com)
  7. vanzandt


    hey btw...... did you file a police report when you got hit by a car in Vegas?
    I'm sure you know this, but "the pedestrian is always right".
    What if that ride-share dude was on something?
    Drinking, whatever.
    I know you're trying to be a nice guy, and I'm sure you have a myriad of insurance deals to cover out of pocket expenses..... but if you didn't file a police report your nuts D.
    Any and all out of pocket expenses plus pain and suffering are a given. If the dude driving was on something..... well, your little Vegas workshop soiree just turned into a HUGE settlement.
    Not trying to be an ambulance chaser here, but it is what it is and we all get f'd with huge premiums while those bastard ins companies print money quarter after quarter.
    If they should be scared of anyone lol.... the big D.
    Better call Saul.
    Last edited: Oct 12, 2021
  8. vanzandt


    free consultation PH: (702) 878-2889
  9. kmiklas


    Vanzy! I was never hit by a car in Vegas, but the markets sure caught me with a few nasty punches in the past couple years.
  10. vanzandt


    I never have either, be it Vegas or anywhere else.
    Head on a swivel goes w/o saying when you live in a world of idiots.
    Walking or driving.

    Ya know, you brought VUZI to ET. At $5
    A meme stock 3 years before meme stocks existed.
    You may have forgot, but I never did.
    It went 5X, and is still 2X.
    It was a good call.
    #10     Oct 12, 2021
    kmiklas likes this.