Thread regarding AT&T layoffs

Stock crashing … AGAIN

Why? Just because we have an incompetent CEO and CIO? C’mon, some of us want to retire in 5 years and negative growth in a time of inflation doesn’t cut it.

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Post ID: @OP+1tDqRpKI

21 replies (most recent on top)

"Good luck making it to retirement. I was less than 6 months from Rule of 75. Many people have been within a month or less and they won't credit service or anything. "

Thanks for the info. I will be taking a few pieces of paper, pens, staples, post its, etc home every week as compensation. Maybe even some extra squares of TP.

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Post ID: @5seu+1tDqRpKI

Good luck making it to retirement. I was less than 6 months from Rule of 75. Many people have been within a month or less and they won't credit service or anything. They DO NOT want to be responsible for retirement in any form and are sc--wing people out of the (now reduced) benefits they have earned.

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Post ID: @4xjq+1tDqRpKI

Lol. You being upset about RTO doesn't change the fact that T stock is buzzing.

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Post ID: @2hqa+1tDqRpKI

Could be the FCC report on the AT&T outage of February 22, 2024 that was released 7/23/24

https://arstechnica.com/tech-policy/2024/07/fcc-details-att-sc--wups-behind-outage-that-blocked-25000-calls-to-911/

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Post ID: @2eho+1tDqRpKI

Buy Tesla stock. Elon will make you rich.

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Post ID: @1utw+1tDqRpKI
“You should buy cryptocurrencies. You will be so rich.”

Mine has made $50k over 4 years or so.
Not a fortune, but a lot more than T stock ever made me, that’s for sure.

Now, the 401k match has made me A LOT more if you count that I sell it immediately and buy NVDA or something else.

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Post ID: @1spw+1tDqRpKI
“I'm going to explain this in easy terms. The stock going down increases the dividend yield. You can build your own severance package by buying ATT stock and holding into it. Need six months of salary to leave? Based on my L2 salary, that's only $37k. So buy 37k shares of T stock and let the dividend fund your severance!”

You only make $37k in 6 months?

I’m sorry bro

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Post ID: @1sfw+1tDqRpKI
So buy 37k shares of T stock and let the dividend fund your severance!

Nice try, Stankey.

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Post ID: @1bxw+1tDqRpKI

Crashing? Not exactly. Topping out? Yes.

Even the chart makes it obvious: this company is cannot maintain steady growth. The overall trend since 2016 has been a steady decline.

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Post ID: @1tzt+1tDqRpKI

I'm going to explain this in easy terms. The stock going down increases the dividend yield. You can build your own severance package by buying ATT stock and holding into it. Need six months of salary to leave? Based on my L2 salary, that's only $37k. So buy 37k shares of T stock and let the dividend fund your severance!

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Post ID: @1nhv+1tDqRpKI

You should buy cryptocurrencies. You will be so rich.

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Post ID: @1vgt+1tDqRpKI

Never hold T.
Hits the port, out the door it goes.

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Post ID: @krh+1tDqRpKI

OP - possibly.

Or it could be related to Verizon posting a YoY profit decline and the market expects the same from us.

Or both can be true.

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Post ID: @sxx+1tDqRpKI

Apple stock news, summarized, in case you've been under a rock, which it seems like you have been. Next Town Hall, ask Stankey and Legg to step down. Or don't.

92 million calls blocked in february, class action lawsuits for massive hacking event with ATT and Snowflake, fights with Verizon about 5G and emergency responders, data theft, Stankey wants Big Tech to pay their share, service outage, ATT competes with Starlink with AST deal, Ad deal with WNBA

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Post ID: @hbr+1tDqRpKI

Wash, rinse, repeat

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Post ID: @zrc+1tDqRpKI

WTF! The dumpster fire continues!

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Post ID: @awk+1tDqRpKI

Diversification... It's a thing.

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Post ID: @qlm+1tDqRpKI

The stock market is doing fine. If you are purposely holding T stock, then you should have your head examined.

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Post ID: @nnk+1tDqRpKI

You just wait till Stankey knocks it out of the park with 2Q earnings later this week!

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Post ID: @gub+1tDqRpKI

If you are holding T, you have no one to blame but yourself.

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Post ID: @wcg+1tDqRpKI

Didn't you hear Stank on a call a month ago that T is an $18 stock? Why'd you expect it to be higher?

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Post ID: @uqu+1tDqRpKI

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