Keep drilling this company till it collapses. The worst decision the Dolan’s ever made was selling to evil. Evil devil’s is what they all are. They ruined this whole company. More cuts coming. OSP, FS, CS, ROC NOC, you name it. Get out now: save yourself.
10 replies (most recent on top)
At some point even Sr Executive leadership has to look around and realize THEY and their lack of knowledge and skill in the CATV/ Broadband industry are what has brought these companies to their knees. Cablevision and Suddenlink were built by people who had a working knowledge of the industry not just a piece of paper that said you showed up to class for 4 years and got enough questions correct to graduate college. Obviously I don’t know for certain but I am pretty confident that no one in senior leadership at this company has ever completed an install or disconnect. Built or spliced even one span of coax or fiber or worked in a HE. The decision makers at this company do not have the knowledge or the skill required to make the right decisions. Its been painfully obvious since day one with them.
Who got sacked today?
They wacked a few high level people today....people the CEO brought in to fix everything LOL. They are now eating their own...while the employees and customers suffer. Sad to see...they ruined some great companies...
Sure, if you purchased 14,925 shares around the end of July and sold it last week you’d make about 10K. True of any security that fluctuates to that degree. That’s stock trading for the short term, not investing. You could easily lose the same amount if your timing is off. But, that’s NOT what’s being discussed here which is the financial health of this business which has nothing what so ever to do with speculative trading and everything to do with long term investing. Try to keep up. Your comment regarding installs is an insult to every one of us that’s ever run a drop. Sorry for anyone who has to work with you. You are not who Cablevision was ever about.
actually, it does mean alot when you have skin in the game. A 0.67 increase just made me $10k. You should stick to your installs.
The stock is up?…When following a 2 dollar stock, daily fluctuations up or down don’t mean much. What is meaningful is that the stock price has dropped by approximately 94% over about 4 years.
Worst decision the Dolan’s ever made? Hardly…They received a great, premium price for the company they worked hard to build and grow over 50+ years. That’s how it’s supposed to work in a free market economy. The fact that those who bought the company have made as many poor decisions as they have that have so adversely impacted both employees and customers is on them, not the Dolans. Every employee is free to stay or to go, that’s the primary decision to be made by each of us.
The Dolans cashed out and took their money. They have no interest in how the company runs after that.
The simple fact is the decision makers in Bethpage have no clue how to successfully operate a business of any kind not just CATV. Non of them have a single thing they can point to that they have done here or where ever they came from that was successful. And as a result every area of this company is an utter disaster both in the East and in the West. From top to bottom this entire company is a 5 alarm dumpster fire in the middle of a circus. The egos at the top of the food chain in this company make Washington politicians and Hollywood actors look like meek and humble peasants.
I dunno....stock is up.