Wednesday, October 8, 2008

VZ

A caller on Mad Money asked about VZ. I decided to look at a chart.



Now lets see... VZ first reached this price back in 1989. Thats right, VZ has reached the price it was over TEN years ago and where it bottomed after the dot com bust! Also, did I mention the yield is 6% now (went ex-dividend today)? This is too weird.