T Beats! AT&T (T) reported 2nd Quarter June 2017 earnings of $0.79 per share. The consensus earnings estimate was $0.74 per share on revenue of $39.9 billion. The Earnings Whisper number was $0.74 per share. Shares at $37.10 right now
Great day for me having T, CMG, and AMD. Couldn't have went much better. Celebrating tonight and thanking the good lord.
sold half of my 7 calls @ .44 for 100% Gain. Holding the other 7 calls for the foreseeable future on the house's money!
I sold my remaining 7 calls @ .59 before close - Might as well take my winnings while they're still there.
I remember this being one of TTT's favorites. Wish I could hear his input right now. 5.51% dividend yield. Down 2.7% with 3x normal volume. Will wait until the volume returns to normal and hopefully find a bottom before I re-buy my position (sold last friday).
Wish we could hear him right now as well, but sadly he passed away (not sure if you saw that). If I had to guess, he'd recommend this to be a very good spot to buy, being at the lower BB and oversold. I know this was one of his bigger holdings and it's a great dividend stock.
I did start a small position in my IRA account for long term hold. I will try and accumulate if this goes down further.
Decided to jump in @33.70 for 350 shares. The dividend is a bonus even if this thing tracks sideways although i'm hoping to see a bounce, it is at a 3 year low.
I've held ATT for over 4 years. I still see the dividend as safe. They have less then 70% payout ratio and cash flow is plenty good enough to sustain it. Main risk IMHO is some interest rate risk considering they are a little debt heavy. So far I've collected over 4k in dividends. Not selling any time soon.
Earnings from AT&T sent shares in the United States' second largest wireless carrier down 3.9 percent, pulling down other telecom stocks Verizon and CenturyLink
Time Warner shares drop on report DOJ may sue to block AT&T deal CNNMoney - 1 hour ago Time Warner stock fell 5% Thursday morning on the news that the U.S. government may sue to block AT&T's acquisition of the media company
