https://www.thestreet.com/investing/stocks/can-att-stock-really-rally-to-60-15082673
9 replies (most recent on top)
Last time that I checked Elliot still owned $5,000.000 shares. Not as much as they originally had.
Elliott dumped, so did everybody else, thats explains the underperformance on the market. Replace management top down.
Elliot DUMPED this sh–show of a company. If even the Sh1t eating vultures want nothing to do with this full toilet of a media company, why would any one else?
They need to clear out the lifers first. Until they do this, $60 is unreachable.
Elliot has not divested All T holdings, check again!
According to recent reports, Elliot has divested all of their T holdings, so apparently they didn't think so. And FYI to those who don't know, Elliot is not a person. Elliot is a hedge fund, venture capitalist, often referred to as "vulture capitalist", investment firm.
Street is probably thinking AT&T is planning on selling DirecTV and that gets rid of good revenue to pay those dividends. Without DirecTV and selling for reported only 15 billion, things will be getting worse. I see stock price of around $20 soon.
Ask yourself HBO Max / DSL / Non-Privacy cell plans / liquidating assets & human capital which of these great ideas gets us past 1996 levels? This is not even bringing up the last 10 years of catastrophic decisions. I’m talkin future.
Short answer NO