What I Am Buying Today.

[poneyboy]

(12-21-2021, 11:01 AM)vbin Wrote:

(12-20-2021, 02:45 PM)divmenow Wrote:

(12-20-2021, 02:31 PM)kblake Wrote: Bought BEN, CVX, T, NUE, PM, WFC, WM and O

Nice buys.

I think T may be on its way to $28 now. The shorts are done and have moved on.

I have never been a big fan of the stock but I'm starting be semi warm on it lol. Believe it or not I went in for 500 shares this morning. Had to park some money somewhere and figured with the dividend on 1/7 why not    HBO Max is hot right now and my kids love it. Plus they are paying down the debt. 

ABBV just keeps hitting new highs 

Also added BX, WM, MRK, and ABNB

Sold some PUTS on BEN, TXRH, and SOFI

Weren't they cutting the divvy and selling hbo along with other content to discovery or something ?

They are expecting HBO Max/HBO global subscriber target of 70 million to 73 million subscribers by the end of the year.

They will be spinning it off WBD (Warner Brothers Discovery) so more value for T holders. And T will still own 70% of the company. 

Through the deal, AT&T would receive $43 billion in a combination of cash, debt securities and WarnerMedia's retention of certain debt, and AT&T's shareholders would receive stock representing 71% of the new company. Discovery shareholders would own 29% of the new company.

Even if they cut the dividend to .25 that's still a nice payout