52 week stock low $14.46. Goal: drive stock to a new low, $12. I bet T will reach that goal. Would not an upper management change be a better goal?
Any 401k match in T stock just lost 30%. I hope those eligible (over 55?) transferred their match to safer investments. Or if stock does rebound, move out later.
Has 401k mover with the pension?
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Last year I read one of the brokerage houses thought the realistic value is in the $9 range. With the continued destruction and excessive use of corporate aircraft at a cost of tens to hundreds of thousands per flight, may have lowered the estimated value. I would rather see the stock back to the 40s but suspect that is truly a fantasy thanks to arrogant incompetent leadership and a board that probably thinks stank knows everything about everything.
I say it will hit 8 or 9 dollars similar to centurylink
Why would you hold anything in the AT&T shares fund? Are you hoping to be broke in retirement? Move it out of there.
thanks,
who is T stock manager? T or Athene (new pension fund manager)
You can exchange your 401K match to another fund anytime. That amount still won’t be vested till 3 years. You cannot automate the transfer out of AT&T fund but smart plan to go in every quarter and put in the exchange.