Just wait, things are going to continue. With the stock dropping again, the street knows CS is broken. The stock pushing to set all time lows again and the bottom has yet to be seen. Their only savior will be to sell something or go private. Tik tok tik tok…. Who will be next when everything is hanging by a string.
3 replies (most recent on top)
New 52 week just tapped July1. Expect more €rap to hit the fan as if those still around can take more than already dished out.
They got in bed with the devil. CS previously paid them 41k preferred share dividend and now…
These are valued at $1k each. Hope you have KY. Lol
“On June 28, 2022, the Board of Directors of the Company declared a dividend (the “Dividend”) on the shares of Series A Preferred Stock issued and outstanding as of the record date for such dividend, as a dividend in kind in the form of 14,721 shares of Series A Preferred Stock in the aggregate, plus $643.75 in cash in the aggregate in lieu of fractional shares. The Company expects to pay the Dividend on June 30, 2022.”
Yep, stock PT lowered again, “CommScope (NASDAQ:COMM – Get Rating) had its price target cut by Evercore ISI from $8.00 to $7.00 in a research note released on Tuesday”