Anyone knows why the stock is doing much better now ?
8 replies (most recent on top)
Since when is 3 quarters of neg cash flow rockin it? You are fked up. They had added more debt yoy, although a small amount but still debt and the cost to carry is pushing $600m. They will continue to lose money until revenue increase substantially, the debt is paid which will never happen unless something is sold or taken private. The shell game of preaching positive EBITDA doesn’t fix what is broken. How ever says it’s rockin apparently needs knee pads, those carpet burns must hurt.
To the previous poster who is al all giddy about chuck….. Let me give you a tissue to clear that brown stuff off your nose, so you can see beyond it !
Great job to mingle around when so many smart people are leaving, without getting laid off. TONS of savings for the company.
Stock is supporting an empty shell that has momentum. Once momentum slows down, come back an fill us in on the status
Yawn, here we go again. High attrition reduces the need for layoffs. Its going to take years for compensation to catch up with cost of living if it ever does. Meanwhile enjoy the stock price rise if thats your thing. If you get Paid in stock then good for you,the rest of us need cash
To the previous couple of posters, I would say today's earnings says otherwise. Congrats to Chuck and team for truly 'rocking' it. I am so glad I decided to stay on. Nothing but bright future ahead. Stock already into the 10s and probably won't look back. Now we know why there were no July layoffs. Great job all around.
Must be time to mingle around again !!!!
Let’s be very clear, the only people “rocking it” is the C level that “earned” piles of stock while they bless employees with less than 3% cost of living adjustment.
Employees, wake up…. You are loosing money working here ! Is a BAD investment.
The stock does not reflect any drastically direction change in the company. Just a bunch of young investors rocking a short lived bounce of the market.
Stop mingling around, it is a downer.
If they are final "roxkin it again" will there be another compensation review to get us back on track with inflation. Or are you happy to cheer them on while getting poorer
Peel off your sugar coating and you still get the same facts. The fact is this company is finally rockin it again despite every possible headwind. And investors know it. 🎼🎼🎼 “Since you’ve been gone….”
I was wondering the same thing? It's not like the debt and the supply chain issues have gotten magically better. I know earnings will come out this week and as usual they will be sugar coated as much as possible. It's the Commscope way.