AT&T’s Short Interest And Why I Decided To Add To My Position http://seekingalpha.com/article/3100496?source=ansh-en $T
Another successful week is in the books. Although some things have not been bright spots in my life, my investing and research has been very productive. That, along with my children’s recent athletic success, has been very conducive to my well being. It really feels good to be able to spread out and find other ways to enjoy my time and contribute to the betterment of myself and others.
I have been invested in AT&T for quite some time. My father worked for the company and never lost money investing in the stock. AT&T certainly treated him and my family well. I once asked him before he passed away if I should worry about buying so much AT&T. He told me that he just kept buying over the years and reinvested the dividends. I know how many shares and what kind of income that investment ultimately brought. When I see the numbers and how little investments over many years turned into a money machine, it became a no brainer when deciding to purchase the original shares as well as adding to them through dividend reinvestment and new purchases.
That being said, I still do a lot of trading when the timing is right. I happen to use AT&T as the vehicle. Why? Because I believe that if I get upside down, the dividend will allow me to accumulate shares and garner me profits while I am waiting for the capital gains to come my way.
Anyhow, I am off to the Governor’s Games. I will let everyone know how my little athlete fares. Take care.
Robert the DividendDreamer