Still think TITNC3: Return of the Iceberg was peak

paging @davidstacoma

 

Time to pay attention

 

I’m looking at it! I don’t understand, with the market tanking like it is today I would think T with a high yield of almost 8% would not be dropping like it is. Some of my high yield etf’s aren’t dropping much. Thoughts? Looks like a buy for T but if investors don’t see it that way….

 

my thought's on T is that it's a solid dividend play for late stage investing...
it's at basically at a 3 year low....almost at 2008 low...so seems like a great buy in...
if it breaks lower, we're looking at 10-20 years lows...i.e. 20 bucks ish

in light of @Nimble9 's post above...debt has always been a 'concern' for analysts of T...with the evergrande elephant in the room.....perhaps that's why...that being said...it appears to be holding above the $26.8-26.3 floor...26.08 is the low of covid crash

 

yield won’t be where it is for long

 

I think you’re right in this. The problem is I don’t have the cash on hand to invest. I would have to sell F while it’s at a >6% drop to buy in, and the time to recover with T could be longer than my F estimated recovery to $16+ of 6-12 months.
I do have a fair amount of cash in my managed account but that’s for days like today and retirement.

 

you mean via price? or divy amt?
price...duh...
haven't cut divy in forever...ever?
aristocrat, ain't it?

 

Amount. 2 more quarters I think? New yield will be determined by how much further share price drops when they finalize everything.

 

Has a good history of dividend payouts.

 

Damn really wish I would’ve dumped the SDC calls after opening for a couple hundred instead of being -$216. I’m gonna regret that one.

 

Can we get a few more weeks and about 20 more % out of this thing? Cause the COVID-sale was over way too quick.

Also, I wanna see how matematically improbable the Fed/Govt response is since we have this COVID high score deficit to beat.

Also, a global pandemic and financial panic in less than 2 years? China's all in on the 'burn it all down' philosophy ain't it?

Anus ETFs still down on the day.

 

i see...haven't been paying attention to T in a while...
seekingalpha seems to think so as well: https://seekingalpha.com/article/4455421-at-and-t-a-re-rating-is-inevitable

has there been a bunch of chatter on that front?

 

Div amount. They announced a few months back that the dividend would be cut roughly in half and people panicked and jumped ship causing the price to drop substantially. It's still a solid company, but investors are hesitant to get back in. I'm still sitting on all of my T in hopes that it comes back up to my investment level.

@ 7% div, I was cool to add more every time it dropped below $30 and hodl while it was above. I didn't think it would drop down this low, so I'm just hodling instead of averaging down.

 

I know, longtime holder. But it’ll be cut by as much as 50%, and then it’s a guess as to how much or if the spin-off will pay dividends. So I’m just waiting to add until I get more details

 

@3.5% it is still a good dividend. People just got spoiled with the 7%. AFAIK, they have not announced the new div yield and everything online is still showing ~7%.

 

7% was the reason to buy T....
3.5%...eh..that's ok...could prob do better elsewhere...

 

I get $800 or so a month from a previous job pension at the end of the month that I put into my Roth play account. I think instead of T if F is still down I will buy more and keep averaging down. You know, throw more good money after bad. I learned that here

 

LCID bucking the trend, bought some at open

 

Maybe around 4.5% future dividend for T, who knows. good article here dividend talk is near the bottom.
https://investorplace.com/2021/09/3-reasons-to-go-long-t-stock-now/