Although, I feel for the Allstate workers that did nothing but try to earn an honest living as Allstate…and who are losing retirement savings every day if they own Allstate stock.
It is gratifying to see Tom Wilson and the awful leaders who caused this mess lose
Millions every day the stock goes down. It will not affect their standard of living as the negligent BOA has and will continue to line their pockets….at least they can see every day what investors and investors and experts say about the state of the company.
The only reason that the stock is not now UNDER 100 is because of the decision to spend tens of millions in artificially propping up the stock. Money that could have been spent on improving infrastructure and employee support……
7 replies (most recent on top)
@1qzv+1neadnio I believe the stock price noted by @hmp+1neadnio relates to ALL preferred stock, not the common stock price that you referenced.
Stock as of closing yesterday was at $107.73...stop spreading lies about this great company and Tom Wilson whom I adore but you seem to be jealous of. For what? His money and looks? Green is not your colour. He is keeping Allstate as a leader in America's insurance needs!
Stock is now at $56.25/share and dropping!!!
Let’s not forget about the new issuance of preferred stock that is paying a 7% dividend. More tricks up their sleeves to come to save this titanic. Those that spend money to look at this sinking ship, will sink themselves.
Ok what’s up with Atsc only by chat and if you can’t log in to your computer and have to call them!! God help us they trick up a phone calls. Take all day with India to be told later from Ireland you need a new computer!! We have absolutely no IT dept. any more that knows a thing, no wonder people quit!!
@riu+1neadnio, learn to read!!!!!!
The post did not say that the stock was below 100.00. The post said that it is only even as high as it is because the corporation spent millions on buybacks to prop up the price…
Either you can’t read or your response was purposely deceptive..::are you a paid “handler.”???
Stock is not under $100. Why post garbage?