09-25-2022, 09:49 AM
(09-24-2022, 06:59 PM)bankerboy Wrote: VZ and NIO have been pummeled. VZ looks like a decent investment soon. NIO is the Tesla of China IMO.There is a point where VZ is a strong buy. The obscene capital requirements and associated debt are the constant problem the entire sector will face until technology changes. I have a put sold on VZ right now. I would be comfortable with a sub 38 entry. DOn;t confuse that with me calling a bottom.
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My guess would have been low 40s if you asked me a quarter ago.