01-08-2014, 09:45 AM
T attractive price? Shares are ex dividend today, plus I guess some general concern over interest rate risk and revenue stream issues. Share price is down slightly over a $1 in the past week and a half. I don't hold T as a long term position, but do like it as a covered call play. With shares trading ex. dividend, IMO the shares give a pretty good chance of hitting $33.75 or so within the next couple of weeks. If so, I'll likely double my position and immediately sell six month calls against it.
Alex