AT&T Inc (T)

[Tower of Hanoi]

Dub-
I actually sold yesterday (Friday) with a decent gain- was very concerned that the div run-up was nothing really significant, and what may be a big sell-off after the record date.
This is an excellent stock to trade (thanks for the idea) but I'm not as sure as you that the actual stock price is cheap- historically yes, but with a credit downgrade and uncertainty I'm going to keep this in the "buy at 32 or below, sell at 32.50" Yes, you need a lot of shares as you know, and the nice thing is that if you are caught in the middle waiting for the trade to play out, the div comes in handy, but I will say this:

Any dividend is no reason in itself to own a stock.

The long term price chart for T is horrible, and the credit history goes in one direction: DOWN.

Let's see what happens.


THIS LAME POST WAS DONE WHILE PARTYING, IF YOU THINK I KNOW ANYTHING, ASK NATASHA!! DO YOUR OWN DD!!!!!!!