Lowest since 2003.
And the company’s president sales half their shares?
What is going on?
53 replies (most recent on top)
$21.07 USD +1.30 (6.58%)today
CRY CRY CRY you trolls….. Viasat continues to rise ☺️
Correct, all the signs of just a short squeeze, triggered by a knee jerk reaction to the China sanctions news. That's not really a driver to our fortunes, it's just easy for algos to buy stocks when barriers to China drop. The fundamentals are still crummy, will come back down at earnings.
The short interest has been mostly steadily increasing:
https://www.nasdaq.com/market-activity/stocks/vsat/short-interest
The short float is also really high:
https://fintel.io/ss/us/vsat
This is a frothy level for Viasat, it shall pass and we can get back to layoffs
This is what Wall St calls a short squeeze. It will collapse back to reality after earnings.
A put at 19 can be purchased for $1.2. The earnings estimate for 8/14 is -.42 per share.
No worries. Execs will pump and dump. Pull money out of the business for anything/everything.
You......really don't know what you're talking about
High 19.38!
Where the trolls at? Punching air right now cause their worthless @$$ got laid off last year for good reason! The cancer is gone and Viasat is going the right direction:)
I'm hoping this price action is some kind of deal in the works that along with is a change of management. It's certainly not due to our organic business.
No crying, just call me when management actually makes money for their investors. Long way to dig out, I'll be sitting here with the popcorn.
- 01 USD +1.90 (12.57%)today
CRY YOU TROLLS!
- 69 USD +0.37 (2.27%)today
All rise!
High is at $16.18!!!
Dam where you at trolls?
$16.18. Wow Jackpot! Like winning the Lotto!
Currently -41% YTD
Currently -46% over the last year
We could go on about the abysmal performance over 5 years & all time, but why bother?
BTW, I sold all the shares that were in my 401k last year.
- 39 USD +0.41 (2.57%)today
Only going up from here! 2025-26 can’t come sooner for more gains (:
High is at $16.18!!!
Dam where you at trolls?
- 04 USD +0.27 (1.83%)today
Stay salty :p
The whole market is up lmao. That didn’t help the past 10 years
The whole market is up. If I had any vsat I'd sell.
Don't worry, Viasat always rallies before earnings. I expect it to be under $10 within a month after earnings.
Over $15 now! We're gonna buy ESPP at an expensive price!
- 04 USD +0.30 (2.18%)
Trolls in shambles
- 44 USD +0.86 (6.88%)
Trending upwards! Take that trolls 😎
- 58 USD −0.12 (0.94%) 😳
- 56 (−0.35 (2.75%)today)
- 04 👀
Some serious bot action on this site...rapid repeats of the vomitous drivle to push them higher in the recents and rapid upvotes.
Agree, and it all starts with another RIF. ViaSat has been underwhelming due to the wfh people wasting their time (while getting paid) e.g. watching movies, exercising, going on trips, etc.; until a deadline is approaching. They barely make the deadline, while producing the bare minimum that doesn’t even meet standards.
This had obviously done a lot of damage to the company and a change is needed.
Easiest way to conduct this RIF is to give the people an ultimatum of RTO, if they say no then they are terminated for cause, therefore, no severance package which will save even more money.
Don’t listen all the noise from former employees or rival companies that just want to bring the morale down. Viasat didn’t wish for all our parties to be laid off, unfortunately that was the result Viasat had to do it in an effort to reduce costs and to restructure Viasat’s business model. However Viasat still treated them with the respect and dignity they deserve, plus the company knows that they can count on our support in doing the same, so don’t listen to all those Trolls!
Viasat will be back on top once more! No matter what happens, keep getting back up. For every time you get back up, the fall makes you stronger and thrusts you to a new level. Whatever you might be facing. In the end, what matters is how quickly you get back up and take your power back.
You people are sad and pathetic. If ViaSat is doing so bad, then why did Korean Air selected Viasat to provide in-flight connectivity on 40 additional aircraft, Icelandair selected Viasat’s in-flight Wi-Fi solution for its new fleet of Airbus Aircraft, and Royal Jordanian Airlines plans to equip more than 40 aircraft with Viasat’s connectivity system? Sounds money to me. You all are just but hurt because you got let go for not bring value to this amazing company.
Guru is honestly one of the best executives I have ever been around. His previous stints didn't look good because he didn't have the right people around him to implement his vision. Viasat is different. There may be short term pain, but over the long run we'll see the fruits of Guru's brilliance.
We are fine, with the established contracts that Viasat acquired from the Inmarsat acquisition, and when VS3 flight 2 is launched and bringing in revenue, Viasat will catch-up. A runner can trip and fall and still get back up to win a race.
In the 1990s, things looked bleak and Apple almost went out of business. But like a runner that fell during a marathon, they got up, never gave up, caught up with and surpassed everyone. A decade from now, Viasat will be in the S&P 100 after having acquired SpaceX, and Guru will be Time Magazine's Person of the Year after firing Elon Musk.
When Dank was trying to stop LEOs in the name of minimizing space congestion he should have been switching to them.
We fell below $15, crazy. For five years, execs have been trying to obfuscate that we missed the LEO disruption. Lots of distraction with "LEO mania", "very few applications require latency", "equitable access to LEO", "LEO is bad for the environment", yada yada yada. The collapse in stock price support is a long time coming, it's a culmination of these denials collapsing under the weight of obvious market trends. But notable tipping points for the collapse are
- Guru's completely tone-deaf sale, even though it's a tax cover people know you can control the timing of such things. The tone this sends to the market is horrible.
- Mark and Guru's fumbling and inartful eplanation on the earnings call of how and why Viasat is turning to LEO >now<. It wasn't a confidence inspiring exchange and smelled like a move of desperation to attend to the bleeding. It exposed how management ignored the disruptions and weren't attentive to the market for 5 years.
@1mzh+1sEum1LZ and yet here you are
Then explain this!
https://youtu.be/_WLyxxvzr6Q?si=GSmMnshKu0xs57h2
Inmarsat didn't have any engineers, so legacy Viasat engineers don't need to worry about being replaced by any Inmarsat engineers.
Nope, lowest was 15.02 a couple times in the past year.
Y’all need to get back to work
Is it a tax cover sale? yes. is it a bad look to be the pres and the one insider selling anything in a blackout window ahead of earnings? yes. couldn't he elect to not have the tax cover sale automatically done at vest during the blackout and instead sell the required cover shares after the blackout ends? also yes. this guy is fumbling his way through this executive thing.
From SEC filing, “original restricted stock unit grant was for 212,298 restricted stock units on 04/13/2023. Subject to the reporting person's election to defer the receipt of common stock”
That’s cool, executives get to pick and choose their grant date based on how the stock price is doing?