Victor, That looks like a very good and professional web site. I haven't compared its calculators' with mine or with what I get from Think or Swim or OptionsPlay.com, but I will.
The question is, who is behind this web site? What data are they collecting? Are they tracking users? I'm suspicious of web sites that don't tell you who they are, what their back grounds are and what their missions are besides making money.
This site has all the appearances of the work by someone or people who are market experts, fascinated with markets, very quant oriented and even perfectionists.
What seems to be missing are the most important tools we need. Stock picking, trade picking, risk management and portfolio tracking.
Are the telecoms protected by a statute of limitations?
How can they be when they still are harming children?
Will the idea that lead poisoning harms children, not adult cool public anger about the lead poisoning?
I don't think so. Adults have kids and grand kids.
Will environmental groups, the EPA and plaintiffs attorneys, not to mention states' attorney generals lose interest in these companies? I doubt it.
How long will it take for major unknowns to become knowns? I guess it depends on the telecoms' Finanncial incentives and plaintiff lawyers' financial incentives to get to the bottom of the problem will determine how long it will take for them to uncover better information about lead cables.
Will investors turn these companies into "meme" stocks and try to ride them higher?
I guess it depends on how loved and hated telecoms are and how smart the meme speculators are. That's another unknown.
Will The Wall Street Journal follow up on its series? When there are new developments, wsj.com will report them. But the Journal isn't real good about doing followup stories.
Will bullish analysts ever face reality? Some will. Some won't. A lot of them have been touting some telecom's stocks. They don't like to admit that they missed important information and got a lot of investors into terrible stocks, if that is what they are.
During the last year, the 6 telecom companies paid out $98,435,000,000 in dividends.
Early estimates are that a cleanup would cost $59 billion. Figure that it would be at least $100 billion.
If all the companies eliminated their dividends and those that don't pay dividends paid the equivalent of 3% dividends into a lead cable super fund, the cable mess could be cleaned up in five years.
Some people don't about the dividend investors. Over the years, they've collected dividends that maybe should have gone to cleaning up the lead toxic cables?
Or if lobbyists get their way, taxpayers, municipalities and customers will pay for the cleanup, not the companies.
But how much will it cost to pay damages to class action lawsuits filed by the telecom and other workers and residents affected by the toxic lead?
Morningstar.com headline says T and VZ don't think they have much legal liability for toxic lead cables abandoned in important waterways and hanging from poles around America.
My favorite former risk manager and former editor of Business Insurance magazine thinks the companies and municipalities face new asbestos-style law suit that will go on for years.
SeekingAlpha has articles saying this is the time to buy VZ, but investors commenting on the bullish article are divided on the advice. Some are dumping telecom stocks and some are trying to bottom fish.
Search Google for more interesting articles on the plight of the telecoms. Search "covered calls" and search AT&T and Verizon.
Hi Don,
Is there anyway I can either speak with you or email you a personal message. It would not be advisable for me to have it go out in the public view?
Victor
Thank you Don and your right, I can't find who they are
Hi Don,
Two excellent articles this week. One question, I’m not very good with excel so I use this for covered calls but I’m not sure it is always correct. Can you give me an opinion? https://www.optionsprofitcalculator.com/calculator/covered-call.html
Thank you, Victor
Victor, That looks like a very good and professional web site. I haven't compared its calculators' with mine or with what I get from Think or Swim or OptionsPlay.com, but I will.
The question is, who is behind this web site? What data are they collecting? Are they tracking users? I'm suspicious of web sites that don't tell you who they are, what their back grounds are and what their missions are besides making money.
This site has all the appearances of the work by someone or people who are market experts, fascinated with markets, very quant oriented and even perfectionists.
What seems to be missing are the most important tools we need. Stock picking, trade picking, risk management and portfolio tracking.
I try to provide those in my work with the help of Barchart.com, StockRover.com, OptionsPlay.com, Stockcharts.com and SeekingAlpha.com. If I knew more about this site, I might use it.
I've bookmarked the site and will keep an eye on it. Thanks for the tip.
Are the telecoms protected by a statute of limitations?
How can they be when they still are harming children?
Will the idea that lead poisoning harms children, not adult cool public anger about the lead poisoning?
I don't think so. Adults have kids and grand kids.
Will environmental groups, the EPA and plaintiffs attorneys, not to mention states' attorney generals lose interest in these companies? I doubt it.
How long will it take for major unknowns to become knowns? I guess it depends on the telecoms' Finanncial incentives and plaintiff lawyers' financial incentives to get to the bottom of the problem will determine how long it will take for them to uncover better information about lead cables.
Will investors turn these companies into "meme" stocks and try to ride them higher?
I guess it depends on how loved and hated telecoms are and how smart the meme speculators are. That's another unknown.
Will The Wall Street Journal follow up on its series? When there are new developments, wsj.com will report them. But the Journal isn't real good about doing followup stories.
Will bullish analysts ever face reality? Some will. Some won't. A lot of them have been touting some telecom's stocks. They don't like to admit that they missed important information and got a lot of investors into terrible stocks, if that is what they are.
Donald: Thanks for the excellent article! I own VZ cost basis $50.00. I have been selling call options and collecting the dividend...I have patience.
Brewmeister
During the last year, the 6 telecom companies paid out $98,435,000,000 in dividends.
Early estimates are that a cleanup would cost $59 billion. Figure that it would be at least $100 billion.
If all the companies eliminated their dividends and those that don't pay dividends paid the equivalent of 3% dividends into a lead cable super fund, the cable mess could be cleaned up in five years.
Some people don't about the dividend investors. Over the years, they've collected dividends that maybe should have gone to cleaning up the lead toxic cables?
Or if lobbyists get their way, taxpayers, municipalities and customers will pay for the cleanup, not the companies.
But how much will it cost to pay damages to class action lawsuits filed by the telecom and other workers and residents affected by the toxic lead?
$20 billion, $100 billion, more or less?
Place your bets.
Morningstar.com headline says T and VZ don't think they have much legal liability for toxic lead cables abandoned in important waterways and hanging from poles around America.
My favorite former risk manager and former editor of Business Insurance magazine thinks the companies and municipalities face new asbestos-style law suit that will go on for years.
SeekingAlpha has articles saying this is the time to buy VZ, but investors commenting on the bullish article are divided on the advice. Some are dumping telecom stocks and some are trying to bottom fish.
Search Google for more interesting articles on the plight of the telecoms. Search "covered calls" and search AT&T and Verizon.