Is there any chance stock price will reach $20 in the next 100 years? I think I would have been better off to cash my stock and put the money in a slot machine in Las Vegas.
Thankfully my kids enjoy eating ramen noodles until we wait to break even on the stock.
Yes, when the company is sold to Google or Musk…..
T shares on their way to becoming a penny stock! Aint nothin nobody can do about it.
It will go about $20 in a year or so. And you will have collected $1 in dividends too.
When were you born? It was $65 before the purchase of Ameritech in January of 2000. It may have reached your target before you hired on.
You'd need a $3 pop to break $20. Announcement of Stankey's resignation would do that, at least temporarily. Beyond that there isn't a lot of upside potential for T. Anyone who wants to invest in telecom has better choices. Yeah there are people out there who talk the stock up, but it's important to remember there were people out there doing the same thing as Randy and the Stankman were driving the company off a cliff and into the sh----r, which shows you what that kind of talk is worth.
Reverse stock splits drives the stock down. That's why nobody does it.
"Tie the pensions in with the stock price"
The Rat already did this back in 2012 when his "pension contribution" was $12B in the ATT Wireless tracking stock.
Why do you think the Stink cut out medical last year? Because as a result of the Rat, Toxic-T pension is grossly underfunded and the Stink does not fund it anymore!
A reverse split would really help cut down our cost of paying dividends. We should definitely do it. But first... Tie the pensions in with the stock price.
"why can’t T go with reverse stock split now?"
First, because the Stink is a M O R O N.
Second, the Stink is already on the top of the CEO Wall of Shame, he cannot go any higher.
Third, Wall Street would view this as yet another sign that Toxic-T is on the way out because it is grossly mismanaged and the BoD are buffoons, and would trigger Toxic-T stock to decline even further in real terms of market value.
why can’t T go with reverse stock split now?
Any ideas?
I would not be surprised if the Stink went with a reverse stock split - especially once Toxic-T stock price heads towards the single digits which triggers most funds to mark it "un-investable", which Stink is already!
As soon as the REAL inflation takes off the stock should rise like a rocket, everything else will too. The stock price should easily get to 70 or 75 dollars, of course a big-mac will cost 120 dollars, but so many people don't understand that side of it.........
Getting free stock advice here. Doesn't get better than that.
Not a chance. T share price will soon breech $10 a share. Nothing of any value will happen until Stankey and his regime is long gone. Stankey is a proven loser.
Many things are going to happen and none of them good. Massive layoffs, Toxicity in the workplace overdrive, dividend cut, and no revenue growth. Stankey and Executives will continue to cash in as stock price erodes and will continue to say "We need to...." when it is all on Stankey, Executives, and The Board. I have not seen a single executive that is impressive at ATT since De LA Vega left. There is no vision and no hope. When you gut the company with three mega disasters over 10-12 years the odds are slim to none of a come back. TMobile on paper doesn't look too bad but it was the worst. You had #3 struggling to get off the mat and along came ATT who rang the bell, supplied Gatorade, and extra time for Tmobile to get its strength back. At the time ATTs Market Cap was 6-7X that of Tmobile and now Tmobile has surpassed ATT. Nice Job Stankey and Stevenson. Dump the stock if you ha ent already, it is a stuck bleeding out pig.