$14.50 nobody could have ever predicted that.
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They didn’t even dump the 47billion they got from the Warner sale. Didn’t even seem like it was even reported. Nor did it reduce the operating expense . Lots of questionable accounting practices
The only thing that will save the company is a government take over.
RTO will save this company. mark my words - stinkey
We'll soon see a sl--e trail leading over to Gigapower LLC
When a corp stock price goes to $10 or under, most institutional investment firms have rules that say the can’t own that stock and have to sell. It’s an important level.
It is a crime
Bankruptcy is the only way to clean house of the incompetent executives that’ve lost billions from uverse to time warner. Should be criminal!
Here’s how I see it. 3rd qtr financial is going to be very disappointing. The RTO is a diversion & will be the their excuse “Restructuring “ then they will highlight a new priority & brag about new AT&T wireless home internet. It’s actually a previously failed service that was rebranded. 4th quarter the stock will drop to roughly $8.70 & they will file for bankruptcy protection. In the meantime, a majority of operations will be outsourced. AT&T will sell a percentage of services like wire line, voip and consumer broadband. They will keep & maintain infrastructure like a wholesale agreement but selling the customer base. Like they did with DTV. All AT&T wants to do is offload any obligations & create an income funnel. They strip down companies to build a backbone. They have have NEVER bought a company that wasn’t shredded. Notice how quiet everything is? That’s because they are letting it happen, Notes are due & they have no intention on paying a dime. Once operational shifts have been made the will dissolve again retaining their name and finalizing the disposal of the bell operating companies completely. Investors will never get their money back.
I wonder if the private jets are made of lead
Don’t Worry, Be Happy!
They should have taken their debt more seriously. RTO is all they have left and we all know it’s a complete disaster.
RTO is a desperate gasp by AT&T to reduce employee payroll without paying severance that might total in the Billions.
AT&T is a very sick company financially, there is no doubt about this now. Many companies cannot survive being the most indebted company in the history of capitalism (As AT&T is) miss the last quarter FCF, reduce the dividend and possibly miss future FCF Q2 earnings. I guess we will see July 26th when the earnings report come out if the handle on this toilet has been fully flushed.
I can't believe I'm even saying this, but it will go under $10 I think. Then hopefully all top execs fired, and bod resigns in shame. I hope. This is a big shiittt show daily now.
No I assure you they will remain. No C-Suites will be harmed financially, No one on the Board of Directors will be without their compensation.
The people that make that compensation possible, you bet they will be cut. You, I and anyone you see around you are just a widget to make money for (NOT YOU), but the precious shareholders. You need to learn that.
They should have taken their debt more seriously. RTO is all they have left and we all know it’s a complete disaster.
That is what happens when JP Morgan downgrades AT&T from overweight to neutral. The market reacts. Now the real question will be answered July 26th when 2nd quarter results are released. If AT&T misses FCF yet again, the stock will fall further, much further. In addition if AT&T misses FCF two quarters in a row, well that is a trend, not an anomaly that was poorly explained by Stankey nonsense "Customers are not paying their bills on time". The gig will be up. Stankey will not be able to jettison enough workers who row the boat to keep the boat afloat.
I can't believe I'm even saying this, but it will go under $10 I think. Then hopefully all top execs fired, and bod resigns in shame. I hope. This is a big shiittt show daily now.
So you are comparing a company that was established in 2001? AT&T is going to have the same fate as Qwest Communications & MCI. You probably should pay attention to operations & trends.
We all saw it coming when they over paid for Time Warner. Bankruptcy is next.
"Tesla closed up $4.37. Up over 100% for the year. Should have bought Tesla."
What if you bought it 11/5/21 at $407?
Hindsight is always 2022...
Tesla closed up $4.37. Up over 100% for the year. Should have bought Tesla.
Flirting with a sub $100 billion market cap. It won’t be long that JS and the Leadership team will be submitting orders and taking customer calls.
What? I did , but still waiting to buy the deep at $7