When I see charts like this I always ask myself why risk my money on a stock that has done little for its shareholders? I still have not found an aswer to that question when it comes to MBT.
Hi Lou, What is your view for Shaw Comm (sjr.b). Thanks Monty Richmondhill,Ont Hi Monty, Shaw Communications Inc. ( SJR.B TSX) has been dealing with competitive pressures in the cable and telecommunications sector that has seen new entrants come into the market and renewed vigor from existing carriers.In addition the company has to integrate the television assets it acquired [...]
From the technicals it appears that TNDM still has some gas in the tank so if you like the story then buy a ticket for the show.
without some new juice investors who got in earlier are booking profits.
You have to factor in that at some point the market position that AT&T enjoys will no longer exist and that will have an effect on the stock. On the near horizon AT&T will release its Q3 results on October 21, 201o which puts a flex point on the calendar.
For my money the downside risk outweighs the upside potential and as I have learned over the course of a lifetime as an investor and entrepreneur – protect the downside – the upside will take care of itself.
Keep your powder dry and remember the best time to buy a stock is when it has established an uptrend. Anticipating a bottom could see you finding new lows with your money.
