Anybody picking up ATT stock?

User Forum Topic
Submitted by moneymaker on October 24, 2017 - 6:54am

It's at a 52 week low. Figure if Time Warner merger goes through it might go back up. At any rate, don't think they will be going out of business anytime soon.

Submitted by moneymaker on October 24, 2017 - 7:20am.

It's like watching a giant boulder rolling down a hill.

Submitted by HLS on October 24, 2017 - 4:06pm.

If you think it has limited downside from here OR is going to bounce you can buy the stock and sell ITM calls.
It should go EX-dividend the first week in January for 49c a share..

A boulder the size of T ( or GE) doesn't roll downhill forever,
although GE could cut their dividend. I think T div is safe.

Your thoughts ?

Submitted by moneymaker on October 25, 2017 - 6:45am.

Think when Time Warner merger goes through it will pick up, or when they announce 5G on cellular it will bump up. Heard they are doing early trials with 5G. There will probably have to be tons more antennas but ATT owns a lot of telephone poles so that should help.
Ok maybe it is more like a tumbleweed going down a hill. Get it , tumble weed!

Submitted by HLS on October 25, 2017 - 10:55am.

Never underestimate how wrong a projection can be.
NOTHING is guaranteed in the stock market.

There are companies that lose money with stocks at all time highs.
Other companies have billions in revenue and are making money yet stock prices are near lows.

Chart says that T has major support at $32. Doesn't mean that it can't go lower....
It's $33.43 at the moment.

In the long run, hopefully it's a safe investment for you.
Options pricing clearly tells you that it's not clear if it will continue to fall. This could be a golden opportunity.

if you own it at a higher price, I would consider adding to your position, either with shares OR options.

The stock market is irrational, emotional and risky.
It is not the safety net that most people seem to think.

**As Warren Buffet says....Be greedy when others are fearful.

Submitted by moneymaker on October 25, 2017 - 8:07pm.

My only reservations are if it is just a preface to a pull back. I think I will pick some up for the long haul as I think they are well positioned for the future, just not sure about the short term.

Submitted by moneymaker on October 27, 2017 - 9:13am.

Will T hit a new low today? Probably not.

Submitted by HLS on October 27, 2017 - 10:01am.

If you are a believer in charts, there is much support above $32-$33 over the past 5 years.
Charts play a big part for many traders regardless of anything else.
They don't look at fundamentals OR annual reports.

Crazy volatility on T this month. It's been ugly.
Options are another way to create income. You can also limit your risk exposure when used correctly.

If you like dividend stocks that have been beat up take a look at GSK & GE.
It's impossible to pick exact bottoms.

Submitted by moneymaker on October 27, 2017 - 1:11pm.

Prefer the P/E ratio of T as it is more inline with traditional companies like Ford.

Submitted by HLS on October 27, 2017 - 2:17pm.

P/E ratios in many cases are completely manipulated and can be a trap.
TTM, current and future projections are misleading.

For many years Jack Welch at GE beat earnings expectation by 1c.
You think that was a coincidence ?

Take a look at many stocks that have done well this year,
in many cases nothing to do with P/E's.

Accountants can adjust the figures in many columns to get the final number where they want/need it to be.

This is why charts offer information not found anywhere else.

Submitted by moneymaker on November 3, 2017 - 7:50am.

T is in the 32's now. Is the blood letting over? Uncertainty prevails. Will be watching. If it gets down in the lower 32's I might dollar cost average with some more shares.

Submitted by HLS on November 30, 2017 - 11:06am.

T held its support. Up 13% off the low of 3 weeks ago,
I hope that you were able to buy more

Submitted by Coronita on November 30, 2017 - 11:52am.

Verizon has been much better imho.

Submitted by moneymaker on November 30, 2017 - 1:57pm.

In the last month they seem to have done about the same. I did dump my T shares today at 36.9, set that sell price 3 weeks ago.Bought 3 or 4 times on the way down. The nose bleed market just makes me skittish.

Submitted by HLS on November 30, 2017 - 2:47pm.

Nice going! Good call.
Everyone should be skittish about the market ALL the time.

Nothing wrong with taking profits. There's opportunities every day.

What's next on your radar ? ;-)

Submitted by millennial on November 30, 2017 - 8:14pm.

Personally been long on Restoration Hardware and Dilliards

Restoration since the CEO has been messing with the valuation to reach $150/share at which time he should receive a huge payout. Up about 20% since purchase 2 weeks ago.

Dilliards due to the low market valuation compared to net assets. Similar to Sears company holds a lot of valued RE. Currently short interest is very high so should have high upside once short sellers cover.

Submitted by Coronita on November 30, 2017 - 9:36pm.

I am surprised none of you suggested

Submitted by moneymaker on July 27, 2018 - 2:25pm.

Next on the radar is F. I am not a fan of the new design of the ford ranger, it reminds me of when they changed the jeep cherokee design. Made it look to curvy, guess they are trying to get women interested in buying, not that they don't already! If I was running Ford I would put out a small 4 cyclinder diesel like jeep did way back. It would have pulling power and still get 20+ in the city. It would need a beefy transmission so they would of course have to get that right. VW failed there in their early TDI automatics.

Submitted by Myriad on September 9, 2019 - 1:51pm.

T has done a good job of wasting shareholder value. The relative performance has been pretty crappy.

Sometimes I get tempted, but the EV is already $465B and sitting on $200B of debt.
Sounds interesting, but a 60% increase would mean AT&T is at $740B company - I just find that hard to believe.

And who's heard of a company where it's better to buy your stock because of the dividends than it is to pay off the debt...

Submitted by temeculaguy on September 9, 2019 - 11:09pm.

F was a good call in 2008 at 1.85 (hmn I believe I started a thread about that and everyone said no). I recently looked at Boeing with all their problems and it's still 3x what it was 3 years ago, I'll pass. T is still too high. I'm going to stay on the sidelines with my gambling money and just stay in with the 401k and educational roths for the grandkids in index funds and large/midcaps and await the bargain season, especially if a socialist gets elected. Keep your powder dry boys and girls, late 2020/early 2021 will be black Friday for stocks. I personally don't think a socialist will cause long term damage but it will present a buying opportunity in the short term. Pendulums swing, bet them.

Submitted by gzz on September 10, 2019 - 11:22am.

I purchased ATT in July and am up 13%. Going to hold on unless it spikes up 20% or something and then sell on valuation.

Buying Telcos when they are down is something I’ve been doing for 10+ years.

I wonder if I am the only guy in San Diego who can talk about the challenges Telecom Italia, Orange, and Telefonica faced in the late 00s to mid 10s. Maybe not with QCOM here.

Here’s a little secret: European countries won’t ever let their main telco go bankrupt. Since they are TBTF, they leverage up, and can look very precarious in a recession. But the leverage can work out well in a boom. And even in bad times they generate a lot of cash and their losses are usually non-cash writedowns of acquisitions or infrastructure investments.

Submitted by The-Shoveler on September 10, 2019 - 5:12pm.

temeculaguy wrote:
I personally don't think a socialist will cause long term damage but it will present a buying opportunity in the short term.

LOL I think that would be the end of the stock market IMO.

At least until they realize all the public pensions are going broke because they are invested.

Submitted by temeculaguy on September 11, 2019 - 12:53am.

That is a dichotomy/catch 22 I never realized until you pointed it out zk. The socialists are all about the workers and anti corporations yet the workers pensions are reliant on the stability of the corporations. I'm going to have to adjust my strategy and retract my advice and give this some thought.

Submitted by gzz on September 18, 2019 - 8:31pm.

Purchased KHC today. Buffet liked it at 75, I like it at 28.4.

I am a sucker for a value play.

Submitted by Hobie on September 19, 2019 - 7:06am.

Sorry to threadjack-- but So Cal Edison is within 8% of its 5 year high even after causing the Paradise fire, go figure!

Submitted by Coronita on September 19, 2019 - 10:15am.

I bought some TSM... Theres report going on about customers like AMD might be seeing production slip dates from 1-2 months to 6-7.... That suggests TSM is running near full capacity and business is good.

Submitted by Myriad on September 19, 2019 - 1:57pm.

T probably wouldn't get what they paid for it ($49B) and they would lose $8B/year in EBITA. If they did it, probably would have to cut the dividend for a while.

Submitted by Coronita on December 12, 2019 - 8:12am.

I told ya guys Taiwan Semi was going to take off.

Intel recently just ceded that they will be happy just to match TSM's capabilities. And TSM's 5nm yields are already looking pretty decent.

Intel still working out the kinks in 10nm (which is really closer to TSM 7nm), but for main production runs, they are still on 14nm+++++++++++++++

Closest competition is maybe Samsung, but they are having their own issues.

TSM 5nm yields at 80% with launch in 2020

Submitted by The-Shoveler on December 12, 2019 - 9:56am.

Great call flu, you really seem to have a good handle on the semiconductor world.

Submitted by Coronita on December 12, 2019 - 10:54am.

I hate working in the semi industry but I do like following trends there. usually, if there's a contraction in the tech industry, it's starts there. With TSM running at full capacity, I don't think we have a pending massive recession, m
. Otherwise this would have materialized with cuts in Corp cap-ex spending and TSM would have felt it.

Submitted by Coronita on December 12, 2019 - 2:47pm.

holy shit. Adobe after hours.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.