Telecom Services

This has been a great time for all things shiny.
Telecoms are a mixed bag, right now, with some flashing sell signals.

Intermediate Trade: AT&T Real Money Pro($)

I prefer a synthetic call expiring in October.
New York City is the primary 'proving ground' to test Sprint's updated network.
Pacific Crest analysts say Sprint's latest cost-cutting initiative will delay but not cure its $31 billion debt burden.
The rally is reversing and VZ is setting up as a short candidate.
With the broader stock market weak, we could see the telecommunications company's stock decline to around $50.
There are a number of bullish clues in looking at where Iridium Communications's stock price is headed.
This stock could resume its uptrend here.
Charts show a great risk-vs.-reward opportunity for the stock.

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