I see two things:
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Telecom is in a bad stop, Warner deal hopes are weakening. TMUS/S isn’t being received well.
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Huge reallocating into Bonds with rising yields;competing against T’s yield.
I’m beginning to buy a stake in T recently, extremely oversold. I appreciate the dividend, the cash flow, the Biz. With or w/o Time Warner, T is still the preferred network. My time horizon is 5 years.
h/t -iCzN-
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