Thread regarding GlobalFoundries layoffs

Jim Cramer just said GFS is a buy - HOLD your stocks. Do not sell

Watch the segment o. YouTube
And looked after after hours price After hours trading 4pm-8pm
$53.00

https://youtu.be/Ve_x71Ck4CQ

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| 2241 views | | 4 replies (last October 31, 2021) | Reply
Post ID: @OP+1dzvK5cS

4 replies (most recent on top)

Considering the timing - beware, that IBM lawsuit against GloFo moves forward (Times Union, Sep.16, 2021), while the judge also dismissed a counter-suit!
IBM sued for $2.5 billion (!); GloFo IPO was scaled to $2.5B - is it sheer coincidence?
Watch out for top dogs dumping their shares, and weight the risks when gambling against strong hands!

https://www.timesunion.com/business/article/Judge-tosses-IBM-s-fraud-claims-against-16464321.php?utm_campaign=CMS%20Sharing%20Tools%20(Premium)&utm_source=share-by-email&utm_medium=email

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Post ID: @1mmh+1dzvK5cS

Anyone who believe in Jim Cramer is the same as believing Tom Caufield

Hahah

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Post ID: @1cxu+1dzvK5cS

Former GF employee here and I wish the best for my former colleagues and friends.

You must think as an investor …

Key now is how the Company repositions and markets in this highly unique time in semiconductor fab history. Execs have 6 months. If they do not perform, fire them by going somewhere else. Jobs galore elsewhere. You will get a minimum of 40% more.

However, being a part of a growing prosperous tech venture is great…. Just set your ‘Investment’ objectives.

Stay if you believe in the investment sell/fire if not.

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Post ID: @ept+1dzvK5cS

Now only 5 out of 100 shares trading. After 30 days 20 out of 100 shares will trade.

Finally after 6 months all 100 share will be trade.

All this are 2.5 billion shares listed. If unlisted 89% mudubala share traded or management does more share offering then supply will be high.

With very low supply now demand not there till Jim Cramer not pumped the demand.

Generally ceo will go to news channels or conduct PR with politicians etc to create demand it's missing.

Now with chip shortage news and Jim pump very low supply share moved less.

Share may not pump forever please exit in this 30 day window when supply very low.

Also buy after six month for long term to get at low price

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Post ID: @qmi+1dzvK5cS

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