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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Bocor who wrote (11381)	3/29/2012 1:40:23 PM
From: KyrosL	Read Replies (2) \| Respond to of 34328

I bought FTR before earnings last February and doubled my position when it dipped below 4 yesterday and today. I think it's a bargain around 4. The new dividend is safe for a while. They have plenty of cash flow for capital investment and to handle debt maturities in 2013, and there should be positive news as they finish integration of the VZ assets. But, of course, it is a speculative position. I suspect some funds are trying to reduce or eliminate positions before quarter end tomorrow.