I have bought and sold T many many times. I have a standing buy order at $32 and a standing sell at $42 currently. It has made me lots of money over the years. I do adjust the buy and sell price from time to time. And all while it pays me well above a 5% dividend. I also usually shut it down at X dividend time depending on what is going on with it. I have owned as many as 20,000 shares and as few as a thousand. I usually keep a 1000 shares so I get all the company propaganda. Right now am down to 2000 shares, but it is getting close to my buy price so who knows.
It's a solid company that the price moves with the news. But the dividend is great while your holding it.
__________________
Life is to short to drink cheap wine.
|