We have lost over 25% of our value this week.
95% of our value from a year ago.
Only one place left to go? What else can we sell off to stay afloat?
Are there other fiber assets left to sell off?
When does the firesale start?
10 replies (most recent on top)
"The stock is going to have moments that it is up and moments that it is down"
To most people on Wall Street - WIN is just another telco saddled with huge debt from failed acquisitions that they shouldn't have made. Nothing really attractive stands out for the company - the parts worth money will go to the highest bidders (fiber) and the rest will be put on the bargain basement section, lumped with the other worthless parts of similar debt-laden telecoms.
There will be companies that will buy up these shells of these telecoms probably at an auction since no other company in their right mind will invest in these companies. Altice tried that with cable companies and they are also hurting. You will see Frontier and WIN either get delisted, do another reverse split, file for BK or something else will happen, but their stock will more than likely never go back up over $20 a share at the current offering.
2019 will be the year where WIN and other telcos in the same situation will be getting carved up more with what valuable assets are still left. The executive teams should get banned from being at any other company as an executive level the same way they disbar lawyers.
The stock is going to have moments that it is up and moments that it is down. You have to look at the history of it's performance to get an idea where it is heading. The last few years it has been going down... a lot. I am curious on what will happen once the Aurelius Vs Windstream case is ruled on. I expect the stock will go up a little if he rules in Windstreams favor. If he rules against Windstream, it's the end. Even before the whole Aurelius garbage we were already in trouble.
5 years ago the stock was 90 per share (using the current scale after the reverse split). We are now at 2 at the time this post was made. 2 years ago we were at 40... 1 year we were at 10.
"Stock went up 11 percent today. It’s the start of a new year. By spring the stock will be at $5"
It is crashing again. BK in the new year. Nice try TT.
Whoever thinks 5 dollars is great needs help
Stock went up 11 percent today. It’s the start of a new year. By spring the stock will be at $5
TT needs to stop orally copulating BG ( or Hi Voltage Bob ) as we call him here in LR :)
The company is run by a bunch of mo--ns. I'm so happy I left that company a year ago, now thriving for a much better company currently. I love hearing the company is doing so terrible, makes me smile every day lol.
Selling off Minnesota and Nebraska.. I think I would call that a solid start to the fire sale
No one will laugh. They'll just service the customers and not notice Windstream ever existed, just like the corpses of the 1,000 other telecoms that litter the landscape.
Hard to fathom this inept leadership that the stock has dropped so much over the last 5 years - the stock market until recently was going sky-high and most every stock was posting decent gains - except of course WIN.
Not investing in fiber for the customers 10 years before their frantic rush now was some of the hard to believe decisions the executives made - also buying these companies (Earthlink????) for their customers and some fiber backhaul was a huge mistake - piling on more debt like there was no tomorrow.
Not having an actual proven telecom industry veteran on the executive team for making sensible decisions - oh that's right, they did for a while but those smart executives saw the horror coming down the pipe and bolted for better companies.
The blame lies at the top - they presided over all of this. Can't blame the stock market or anything else - they are just clueless in running a company.
The company that takes over what is left of this company after all the liquidation sales will be laughing for years on just how much a mess there is.