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What Did You Buy Today?
(07-10-2019, 10:22 AM)ChadR Wrote: Does CHWY anticipate having a dividend in the near future?

Being in growth mode with no profits to book, I'd say very very unlikely.
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Added to my IRM position
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Added to T @33.50
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Just curious what's up with T. Why folks were not adding it 6 months back when it was in 20ties?
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(07-11-2019, 08:56 PM)vbin Wrote: Just curious what's up with T. Why folks were not adding it 6 months back when it was in 20ties?

That is a good question. I don't see anything that has changed since the $29.xx days.
T was an excellent buy then and I still think it's a decent buy now.
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When T was that low (12/18) there were tons of opportunities that were much more rare than T and T was in a steady 2 year price decline. Much better IMO to buy upward trending stocks that tumbled.

At 30 the yield was like 6.8.

Today the yield at my price is 6.1, less but still very good.
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I did buy T that low, but Mike is right. In DEC seems like were are about a hundred more blue chips that have run just as hard as T. We may be a little closer to 5G revenue, but the story hasn't changed much. Folks are just running out of ideas and circling back around to pick up some of the high yielders.
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T is much better positioned now then it was 6 months ago. If you read the news you will see what they have been up too. They raised the dividend and its announcement with streaming plans with HBO Max. T can easily pass $40 this year and with the yield at 6% it represents great value. And the only reason the stock hit $29 back then was because the market was selling off. They were a lot of bargains at that time lol
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(07-12-2019, 06:44 AM)stockguru Wrote: T is much better positioned now then it was 6 months ago. If you read the news you will see what they have been up too. They raised the dividend and its announcement with streaming plans with HBO Max. T can easily pass $40 this year and with the yield at 6% it represents great value. And the only reason the stock hit $29 back then was because the market was selling off. They were a lot of bargains at that time lol

A $0.01 raise on dividend, the streaming plans, sale of some assets (such as real estate) etc were at least on my radar at those $29.xx prices. I don't follow news that much (just what SA gives me) but I really haven't seen a single thing changing with T. 

I've owned T for a long time, personally I am a big fan of the TW trade. And I think T is a solid stock going forward but I'm not adding at these prices anymore. (not saying it's a bad add here though, I simply have enough of it already)
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That's a rational view Crimson.  I own plenty of T also, and I am not bashing to entertain myself.  Execution still seems mediocre, and debt is still dangerously high.  It appears the FED is gonna buy them some time to right the ship.  I truly think we will be good enough in the end but this is not a top ten stock for me, even since DEC 18 low.  I continue to sell covered calls against most of my shares in an attempt to lessen my risk.
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