Well it happened again. Year-end earnings come out, all dressed up like they’re going to the prom, but investors sell. Good thing our execs sold last week. Wouldn’t want them to suffer.
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Hopefully the stick level hold up until later this month. I always sell my Fiserv stock when it matures.
Back to where it was now. Not uncommon for company stock to fall right after earnings and then come back. Nothing to see here.
Double-digit EPS growth maintained by massive stock buybacks... plus everytime the stock dips they can inject some stock buybacks to give it the appearance that it is on solid ground.
Not a good buy. Trust the insiders, they sold.
Because investors know double-digit EPS growth is not sustainable for a mature company. The longer they sacrifice long-term growth for the short-term, the riskier it becomes to hold the stock. Q1 results will be a disaster. I don't know how leadership sleeps at night boasting about double-digit growth while the business is on the brink of critical failure due to massive expense reduction on the backs of the employees, with no compensation relief. The company is a ticking time bo-b. The only strategy execs are concerned with is how to cash out without going to jail.
Based on the results, bonuses should pay out good this year, raises in the 3-4% range. Yeah right, they give it all to the execs and stock buy backs. Never have I seen a company care less about employees.
Executive team looks at pre-Q4 earnings internally. Later, high level executives sell large amounts of stock in late 2023. Nah, not suspicious...
Every time he runs his mouth, the stock tanks. I stopped buying stock.
And falling
Down 5.96 now 138.19, did frank go on tv?