The stock is still dropping like a brick through a plate glass window....so we must be winning.
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$43 is the new $75
Just like at APC. We hit $110 a share and then went into freefall. Wound up floundering in the $40's till we were bought. Our debt wasn't the same but if VH keeps paying it down as a focus, you will start looking attractive for someone who wants part of your assets. A 20% premium barely gets you over $50. Sad...
VMware Insider Trade
Prior to Broadcom & VMware's announcement that their $61B merger is progressing toward closure before a November deadline, efforts were made to reassure investors amidst a prolonged review by China.
On Oct 4, lawmaker @KeanForCongress sold his stakes in the software maker $VMW.
Notably, since his sale, the #stock has experienced a nearly 10% decline in trading.
https://capitoltrades.com/politicians/K000398?utm_medium=social&utm_source=twitter&utm_campaign=tweet&utm_content=ThomasKeanJr
https://x.com/capitol2iq/status/1726609561640132898?s=20