Does the stock stay flat or drop. There’s never much progress
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Because Frank has no idea how to generate revenue only beg for corporate welfare.
Does anyone else feel like there is a fraudulent aspect to the scheme of cut the company to the bone in order to make the earnings look good? I don't know of any accounting laws being violated but it seems like they are lying to stockholders at the very least.
KKR is still offloading shares. They had 16% of the combined company. Last I checked they were down to about 5%.
There's also a law of diminishing returns on inflating stock price with cuts that potentially submarine the business. Doesn't take long for Wall Street to figure out the playbook. They are still showing positive numbers on paper by using these massive reductions, but it's not sustainable.
Because the company isn't growing or innovating. FB and his "leadership team" are just manipulating the the numbers to influence the stock value.
Its the same old corruption in the same old ways. I'd dump your stock and buy something with real value. But thats just me.
Well....one might say it's because the only tool in the toolkit for FB and team is to continually layoff employees. And the analysts on Wallstreet have seen this same old playbook from this crew.