https://seekingalpha.com/article/4831605-altice-usa-debt-challenges-will-be-difficult-to-solve
underperformed the S&P 500 since my previous Sell rating was published.
ATUS continues to lose broadband customers and is expected to see revenue declines in the coming years, despite aggressive network investments.
The company's leverage ratio and weighted average cost of debt have increased, making meaningful debt reduction or a non-dilutive restructuring very challenging.
@288 good thing our guy Dennis scheduled to sell 220k shares of the stock a week before earnings. I'm sure he had no idea upcoming earnings would be garbage...
Not looking to good on that earnings call
@1ef how is it viewable that he is shorting it?
Even the CEO is Shorting this stock as an insider
@15b dont forget NE
Of course. Luciano and his gang of mercenaries are only into for themselves. Inept unqualified leaders bringing in their goons to ra-e whats left of the company. Great job Dennis!
The executives at Altice/AUSA do not posses the skills nor the intelligence to think long term. That is why the company has been a $hit show since the day it was founded.
Keep on doing the phony capex and avoid repairing whats broke. Its all about the short term, there's nobody who cares about the long. It's painful to observe.