Thread regarding AT&T layoffs

Randall was a loose cannon. He could have cleaned the swamp in CNN, and made things non-kosher unlike all the other media controlled outlets. The powers that be could not let that happen.
So they bought into AT&T to try to take control. Randall has since proved that he is their lackey. Now they are to loot the company, and make some money. They can discard it as long as they control its policy.

Reminds me of the old saying, "What does a dog do when it actually catches the car?". Almost certainly, Elliot had no one on the inside AT&T before plopping down $3 Billion of other people's money on AT&T common shares. Which reminds me of another old saying, "If you break it; you bought it." Rut-roh, Scooby...

Even though Elliott is losing money on stock, they will sell every asset T has and s— out every drop of blood. Then they will take their money and bail. This is what they do and have always done. Shame on the sh–ty C suite for making our company so bad that the vampires came knocking!!!

Elliot’s gonna git rid of lazy management. Get out or get thrown out.

Do a little research on the “dual citizen” Paul Singer. Elliot is a POS. Outfit

The irony is that Elliott is really bad at being a Hedge Fund. They are in the bottom 20% of hedge funds and under perform the market by 3-5%. Yet, they are telling ATT how to operate. How's that working so far?

Why AT&T was not invited? while the tech giants testified before Congress?
Why would soomeone invest in this company?
AT&T is dead money, while Apple, Amazon,and others arema king real profit.. Great investors..LOL

It's not a loss until they sell.

all the kids at the playground are making tik tok videos about how they want a dish on their roof to get directv so T must keep it.

kids love appointment TV viewing and slow satellite receivers. parents love added fees and long term contracts.

in the rare occasion there is a problem, who doesnt like listening for hours to the wonderful on-hold music in and getting to talk to someone half way around the world with an exotic accent that tells you to reboot your receiver.

The Elliott group is a cancer in our company brought on by years of mismanagement by Stephenson and Stankey ! Randall can take his get relevant by 2020 bull S___ and stick it up his A__ !!! PS , F the Elliott group !!!

Elliott has lost large sums of investment. AT&T is required to terminate 70% of management by 12/10/20. Please clean any covid before leaving. You may get another job as sewer cleaner.

AT&T paid a total dividend of $1.55 between September 2019 and July 2020.

05-01-20 $0.52
02-03-20 $0.52
11-01-19 $0.51

Thus, Elliot’s net loss is as follows.

(5.81 - 1.55) * 90,446,600 = $385 Million

The OP is forgetting to factor in the dividend payout in their loss calculations.

Not a smart investment. Sounds like the stock options they gave out around 2000 worthless. The stock options were in the upper 30’s and 40’s so just more of the same. Elliot got att’s.

Elliot needs to get their pitch forks and hoses out and clean this barn out completely. This barn is full of sh#t and it reeks!

toxic asset, may be the Federal reserve can buy it?

There’s going to be a push to dump DirecTV. Yes it will be at a significant loss. But there’s no real reason to hang on to it. And whatever they get for it will improve the balance sheet.