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Post by huh on May 13, 2014 10:00:16 GMT -5
First AT&T gets the Net Neutraility decision to go their way, then this: AT&T in talks to buy DirecTV for nearly $50 billionMSFT's biz was nearly ruined for doing much, much less against anti-trust laws. Guess they should have used AT&T's lobbyists. But I have to say, AT&T buying DirectTV would be one of the best business acquisition moves I've ever seen. Not only would it allow them to penetrate a portion of the market that's currently inaccessible to them, but would also take care of their shortage of service personnel around the country in one fail swoop.
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AT&T
May 13, 2014 10:08:28 GMT -5
Herceg likes this
Post by huh on May 13, 2014 10:08:28 GMT -5
Considering their growth in the cable & cell services, the possibility of now moving into the satellite arena, their new control over future potential competitors with that Net Neutrality decision and currently paying a 5% dividend with a 10 p/e, it's hard not to like this safe-haven juggernaut.
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AT&T
May 13, 2014 12:31:47 GMT -5
Post by Herceg on May 13, 2014 12:31:47 GMT -5
They want to go head to head with TWC and Comcast if merger goes through..............should be interesting to say the least.......
JMO and BOL........
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AT&T
May 13, 2014 13:04:49 GMT -5
Post by novie08 on May 13, 2014 13:04:49 GMT -5
Huh, would you throw up a chart for us? TIA.
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Post by huh on May 14, 2014 9:17:03 GMT -5
Huh, would you throw up a chart for us? TIA. As far as charts go, I'm not seeing a whole lot in the near term for a pattern. On the weekly there is a couple of trend lines. The top red line and lower green line form an expanding megaphone pattern, which are typically bullish and could get it to ~40 - a stop for that would be 35.80, FIB support of recent up move - but not the strongest of set-ups. Other than that, until it's over $37, not the strongest of short term set-ups.
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