Ouch!!
7 replies (most recent on top)
The stock is still at all time high territory so no major drop.
Nothing to worry about. Tommy and the gang did the early guidance because they are doing a huge stock buy back this week. Tommy will be able to do the buy back with Allstate for a 10% discount. This will be a good thing when Tommy does his dumpster sale to Progressive by having less shares outstanding.
Transformative growth has been an unmitigated disaster. We keep being preached at about making the product cheaper. Go get a quote and see how much cheaper it is. All of the layoffs, fear mongering, talent leak, and there appears to be not much to show for it. At what point will the company admit it took a few wrong turns?
When do the layoffs begin?
If we're telling the whole story are we going to discuss using stock buybacks to artificially pump the stock price (and the net worth of the leadership)?
But still up for year in a market down 25 percent.
Tell the entire story
Sounds like transformative growth (aka code word for massive layoffs) is working well!!!!!