Verizon Stock Forum

Zz catalyst : Debt is a good thing. TPTB

Zz catalyst : im curious tho whats there CCE is or Cash on hand.

Zz catalyst : i mean they obviously have cash on hand 9 billion available. and there profitable

Zz catalyst : that is conservatively 20 billion a year they could be debt free in about 8 years

Bull player : Of course.

10baggerbamm : it has support going back to January of 24 right at this 38.50-39 line. you can buy it here collect the dividends and I think you'll see a rally this year to 45 right at that point and then it's your call whether you want to dump it or hold it so I think you're right with what you're looking at.. I don't necessarily think it's going to be a v bottom rally I think it's going to be a gradual accumulation.

70691382 OP 10baggerbamm : Thanks for your insight. It looks like the neckline of the inv head and shoulders is holding out. Not really rallying though, kind of just consolidating.

Dazzlingregina : that's awesome, thanks for sharing

Stock_Drift OP Dazzlingregina : You’re welcome