https://seekingalpha.com/article/4404325
9 replies (most recent on top)
I tried selling my T shares in my 401k but fidelity popped up a message that I can only sell 45%.
What's up with that? Can I see another 45% tomorrow? Weird.
lol - chairs on the titanic. and you know NONE of the senior management will go down with the ship they will all get their golden life boat and come out smelling like a rose.
Whoever isn't a perma-bull is someone pushing a short?
Lmao 1qse+19jJx5v3
Sounds like another Short push on T which is a heavily shorted stock. we'll see if they can move the needle.
https://www.investopedia.com/articles/analyst/030102.asp
Don't hold your employer's stock for a second longer than you have to.
That is Risk Management 101, where-ever you work.
Talked to my financial advisor, #1 advice, dump T stocks. Company has not loyalty to you, why should you invest in it?
If you have 401k, do your homework and take charge. Don't be a victim, take action, then you can have a good laugh when Stank or Stephens are selling their mighty positive outlook to wall street.
There is no excuse for anyone working at this company to own any T shares. We see what a sh!tshow this company is every day. If you have T stock in your retirement portfolio, do the (much belated) smart thing and dump that garbage. Put the money to work in a better managed company.
Simply exchange your 401k shares for something else ... you can do it whenever you like.
It's not enough that T is laying off tens of thousands of employees, but they're also costing them thousands of dollars in the devalued stock they've pushed on us for years in 401k matching.
None of this is going to turn around under Stankey, all his rosy BS after every earnings report isn't fooling anyone. Time to push the reset button on this whole p–pshow.