 N3OGHYo Soy Col. "Bat" GuanoPremium
join:2003-11-11
Philly burbs
kudos:1 | reply to flankspeed8
Re: This is complete and utter BS Those articles are written mostly for day traders.
Investors buy and hold stocks that will move over the long term. Sure, the day traders will sell, but the investors will hold this one.
As you said, the stock carries a %4.5 dividend, and is a solid company. Institutionals also love stocks that pay a dividend. I see them holding VZ over the long term.
I don't see Verizon slowing fiber deployment at this point. Seidenberg knew from go that FiOS deployment would impact the stock price, and so far the impact is small considering the coin they're laying out. It took a lot of balls to go in the direction they did, I don't think a few bucks here or there on the price is going to make them balk.
I hope the stock would drop some more, I would love to pick up a couple shares on the 52 week low and let it sit....
--
Never ask what sort of a computer a guy drives. If he's a Mac user, he'll tell you. If not, why embarrass him? -Tom Clancy |
