Home › Forums › Members Forum › The October newsletter is out, in the Members Area, with a new pick! › Reply To: The October newsletter is out, in the Members Area, with a new pick!
Yep. You’ll recall, a very long time ago I talked about my grandfather owning AT&T shares that one day I’d inherit and when I did, the first thing I’d do is sell them, but to their massive debt load that’s almost as big as the overall company and could be bigger than the overall company if the stock price dives enough.
So, when he passed away and I inherited a small amount in AT&T, I immediately sold them, the moment I was allowed to. I believe it was a good call, especially with what I was seeing on its long-term chart too. It keeps breaking line after line with other technicals slumping. Not good.