Can only imagine the BOD/Vz C-Level circlej--kgoing on before Q1 reporting!
CFO has to be using AI to put lipstick on this Pig!
13 replies (most recent on top)
I’d like to thank Dan and all the employees for their lack of hard work and dedication. I’ve been shorting the stock for years and made alot of money.
I think Vz BOD and Dan going to announce on Q1 call next business venture.. Red Box DVD rentals!
Execs cashing out hand and fist 👊
I recall he said, we need money for our next business and we want to win. So laid off enough to "invest" something? I thought it be more fiber i think it’s really licenses for the space so the old fibers can be replaced. Can't just randomly build data centers if they all are meant to work as one unit. That's a heavy bet.
The most interesting sign to me that Dan and crew have no clue what they’re doing and zero interest in actually turning the operations of the core business around is that they did not hold an Investor/Analyst Day event this year. VZ has held an annual event every March for as long as I can remember to take the investment community through the strategy and vision for the year. They switched up the head of IR (the key person managing these relationships) in Dec, and are likely using that as the external excuse for not having an event in March, but the real reason is that they have absolutely nothing other than extreme cost cutting to present, and that’s not the consumer growth narrative investors want to hear. If you want to make $$$ on VZ this year, short the he-l out of it.
If you buy VZ stock for the stock price, I would say you don't know much about stocks. It will never go to the moon, it isn't that kind of stock. 35-55 that is the general range you are going to get. It is for dividends, nothing else.
The only reason the VZ went up is because the market went down. VZ is a safety play. Not a growth stock there big idea to increase revenue is to scrap copper and sell nuilding. VZ needs a plan to make money ongoing revenue. Tmobile and Starlink are teaming up. I know not as fast as FiOS but good enough for probalbly 90 percent of the population.
@ax Maybe an AI CFO eh?
What's good for the goose...
Maybe a contracted CFO would be better and cheaper.
@a4 Wrong. It's down due to Trump & Benji. When S&P500 bounced back to 6800+, VZ stock continued declining.
People cashing out on their RSUs 😂
The entire market is down due to Oil.
No AI has to go through the governance board for approval. CFO is calling his KP?G friend for an answer!