Q: I’ve held MBT for many years. The income has more than offset any paper loss, so for me it’s a hold. Based on yesterday’s results, I was wondering what you saw that resulted in all the downgrading? Seems to me that they did OK. What am I missing or is this just another case of analysts/fund managers chasing each other’s tails?
Maybe a contrarian play? Allstream sale? Foreign takeover (Verizon)?
Maybe a contrarian play? Allstream sale? Foreign takeover (Verizon)?