I've had stock in Verizon for 3 or 4 years now and it's done decently even in the recession. However in the past month or two it's gone down significantly. What is going on with them that this is happening?
Are people going the pre-paid/trac-phone route and dropping out of contracts?
Is another company stealing the business with something newer and better?
They had huge losses this past quarter, I think.