wenmoon_stonks
Oct 23, 10:53 AM
$VZ I believe the company will beat earnings again, and keep up a good year. The investment thesis has changed for me unfortunately. With Elonk lurking around the corner, there is a significant long-term threat. He's a disruptor and he and his team, like him or not, moves fast and with results. When mobile is up and running he may take a percentage of legacy customers. That will hang over this stock and with high debt/capital costs affect profitability. Vz may have to adjust pricing also affecting profitability. SpaceX can bypass cell towers, fundamentally changing cell service. Sadly, this was one of my favorite and core positions, but the cloud will continue to weigh this down.
I have to take the Elonk threat seriously, he's signaled where he's going. With him being buddies with DT, I believe his deal will be approved and he also gets federal funding. That's a Goliath. Glta
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