Thread regarding AT&T layoffs

Celebrate the good news!

T stock closed above $16 at the end of this week's trading.

... and that's the end of the good news. Okay, it really isn't good news considering it's still a far distant third to our two direct competitors, and it's still about 25% lower than the April value, and the price is artificially inflated because of strategic buybacks, and Stink is still in charge ...

On second thought, don't celebrate. This is still T. Return to your regularly scheduled misery.

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| 1439 views | | 7 replies (last June 18, 2023) | Reply
Post ID: @OP+1n9t0yp8

7 replies (most recent on top)

sell that T stock like it's on FIRE

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Post ID: @2hql+1n9t0yp8

"T stock closed above $16 at the end of this week's trading."

I'm up several thousand from the firesale!
Woohoo!

Go Stankey!

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Post ID: @1pyn+1n9t0yp8

In life, you can make yourself miserable if you choose to.

Or we can choose facts. AT&T is up today by .19% and down from 6 months ago 10.08%. Let us look at a longer time horizon. AT&T for the past 5 years is down 32.86%. It's been a long time (11/2019) since T stock was scratching at $30 dollars a share. I guess the employees haven't executed on Randy and Stankey's plan.

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Post ID: @1hmc+1n9t0yp8
In life, you can make yourself miserable if you choose to

100%.

Oh wise one! I wish to be your disciple.

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Post ID: @vwc+1n9t0yp8

not down to 10 yet well it will get there.

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Post ID: @vhb+1n9t0yp8

A laggard investment
A $10,000 investment in 1984 would be worth $51,710 today, or a 4.4% compounded annual growth rate. That's a sorry performance compared to the S&P 500, which would be worth $263,000, or a 9% return, though slightly better than Verizon's own, or a 4.2% CAGR.

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Post ID: @iqw+1n9t0yp8

In life, you can make yourself miserable if you choose to

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Post ID: @kmj+1n9t0yp8

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