Phone Companies tanking?

[Tightsqueeze]

T and VZ both dropped at about the same time, I'm not really complaining because T looks to be at a good entry but I was curious if anyone had heard anything that would precipitate a down move in the phone markets.

 

[Took2Summit]

DoJ is appealing the T-Mobile purchase

 

[Tightsqueeze]

that would do it

 

[Hurricane]

T's a good long term buy given a secure dividend yield north of 6%.

 

[billsafari]

Good for the DOJ. Oligopolies = prices go up, service, quality goes down.

 

[carolnetzer27]

Quote from billsafari:

Good for the DOJ. Oligopolies = prices go up, service, quality goes down.

The DOJ is just doing their due-dilligence. In the end, it will go through and the stocks will rebound big.

This is a buying opportunity.