The stock prices is taking a dive. The gig is up and the frauds are being revealed. Stankey and those in charge don't know how to protect insider information prior to the earnings announcement.
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i sold my stock at 53$ a share and never bought another share . I could see the writing on the wall .Bought other stocks and retired now no idea why anyone would hold the stock except for the div.
I got some secret insider information. AT&T is going to pay shareholders dividend. Shh!
AT&T hits 10 year low:
https://www.thestreet.com/markets/at-t-stock-at-10-year-low-as-dividend-cut-media-exit-test-bulls?puc=yahoo&cm_ven=YAHOO
Takin' a dive 'cause you can't halt the slide
Floating downstream (I'm taking a dive)
Oh, so let her go don't start spoiling the show
It's a bad dream (I'm taking, I'm taking)
- ELO "Livin' Thing"
@nts+1dhpnlNz wrote "What? ...... that would be the ex-dividend date and the current ex-dividend date was 10/7. The day after 10/7 T dropped 65 cents."
You have to hold the stock until the record date on 10/11 to get the dividend. ExDividend is when stock price is adjusted down $0.52 at beginning of trade. Once Record date is reached shareholders sell because they will get the payout on 11/1. Price change on and after ex-dividend date is normal as investors speculate on earnings. Barclays cut the outlook on T officially on Monday 11th
Earnings announcement* for T: Oct 21, 2021
What Are Whales Doing With AT&T
Someone with a lot of money to spend (and possibly insider knowledge) has taken a bearish stance on AT&T(NYSE:T).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with T, it often means somebody knows something is about to happen.
So how do we know what this whale just did?
Today, Benzinga's options scanner spotted 11 uncommon options trades for AT&T.
This isn't normal.
"people held until record date of 10/11to get the dividend"
What? ...... that would be the ex-dividend date and the current ex-dividend date was 10/7. The day after 10/7 T dropped 65 cents.
What is going on now is much bigger than that but if you want to wait till the after the earnings are announced all Stankey's bros with the inside scoop will be laughing.
Guzzle Guzzle Guzzle in Grand Prairie.
This is what happens when you let the "hur dur muh iPhone" crowd run the show. Get an Android, rethink possible, and build AT&T back better!!!
Years of mismanagement. Somebody should be fired and it is not me. 😜
T shares in freefall mode, nothing you can do but cry.
T and VZ both hit by downgrade:
https://seekingalpha.com/news/3751325-telecoms-sink-as-barclays-trims-targets-for-att-verizon
I think it is more that people held until record date of 10/11to get the dividend then started selling. I doubt there is any leak as that would mean jail time
What? Explain?