Thread regarding GlobalFoundries layoffs

Where’s the cash?

For everyone getting all bricked up about billion dollar investment announcements - just ask yourself some simple questions - where is the money? Do you see it anywhere on our books? Where is the new customer demanding any kind of capacity add?

I can tell you all day that I’m PLANNING to buy a lambo in the future - but you shouldn’t get too excited until you see it in my driveway.

It’s Q4 and it’s bleak - don’t believe the hype.


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| 1371 views | | 4 replies (last November 20) | Reply
Post ID: @OP+1k8v2cbzz

4 replies (most recent on top)

House of cards. Terrible investment strategy to be in GF stock.

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Post ID: @37v+1k8v2cbzz

I agree w/ you. GF leaders are great at hype, it can sway the average uneducated investor to buy stock or under experienced employee to work harder.

I wont sway real money or real customers.

Real customers also, don't like the TB. He is an outsider & being treated this way. Just look at the revenue & new customers WIP.

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Post ID: @15f+1k8v2cbzz

the good news the company will be sold to Tata group

the bad news is being we've located to India

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Post ID: @xx+1k8v2cbzz

@OP they have been saying expansion since 2012…when MDC shut off the investment in 2014/2015 you will never see GF expand again. These announcements are all BS.

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Post ID: @g3+1k8v2cbzz

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