PtahX
Short

Sprint reaching for straws -- continuing the downtrend

NYSE:T   AT&T INC
56 0 4
I don't see the lure of free packages to users helping increase their bottom line. The only thing holding this together is the dividend payment which they can no longer afford (7.12 Debt to FCF at the time of this chart - fundamentals in general are not good) I expect a continuing downtrend with the looming market correction. Note the IVR             is still high leaving lots of room to continue to drop
Trade closed: target reached: Target 1 done -- Trade closed due to option expiry, there is still a good chance of seeing Target 2 on this trade. :)
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