(11-30-2021, 10:07 AM)stockguru Wrote: I remember when people thought T was a bargain at $28. It's now $23 lolNot even funny at this point. A lot of folks here own quite a few shares. It's a complete dumpster fire. I think there are only about two full dividends left. I highly suspect it's going to get tax loss sold down close to $20. I owned a lot of shares a few months before their spin off announcement.
Anyone still own or buying at this $23 level or selling for s tax loss
If I just had to own the sector in a taxable account I'd park the money in VZ for 30 days. Then another 300 days after that to be honest. The crazy thing is the way it is going T will save money on the Div which was the plan, and the stock will be so beat down new investors will still get a stupid high yield.