There is such as massive amount of “overhead supply” on the T chart at $55 this stock will be under constant selling pressure for years as it makes minor advances from time to time. Unless a compelling game changer product comes along - unlikely from this dinosaur as you all know - Expect this stock to meander around its current price or tend down until eps is driven by top end revenue growth vs cost cutting. Be smart Invest elsewhere
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With Stankey at the helm, $8 - $10 per share.
AT&T is just about to turn the corner and the stock is going up. Stankey is the man and he is going to turn things around.
If you are taking out $108 billion of your company divided by shares outstanding that would bring the stock down to around $25-$24!
Expect T to rise again in early 2022.
No, not because of Stink's visionary and virile leadership, but because of enormous corporate buyback after the DTV and WM divestment.
Yeah, the stock will go up ... maybe mid-30's. But it will be artificial and drop soon after that again.
I'll buy in at $20.00