I thought there wasn’t a correlation between layoffs and stock.
14 replies (most recent on top)
@b7 Now now.. we can't draw that conclusion :)
Stock is down 92% in last 5 years. Stevie became ceo 4 years ago?? Correlation??
@ag Short It Short It Short It Baby.. give SLT an excuse for the lower stock price.
@OP it went down to 1.88, now up to 1.96. We are turning this thing around! Go team X , we got this!
That's delusion of course.
@ab They may happen so close together no will know for sure which hit them first.. but chapter 11 will most likely be the event that drives the delisting.
The decline will impact eventually. Delisting is a real possibility this year. Question will be what comes first. Chapter 11 or delisting
@a9 You can sell it for $1.88!
I can't even sell the stock I've bought over all the years for a decent amount to build a small nest egg for when I get hit in the next rounds.
@a4 Its too complex to explain here, but it signals desperation because it is ridiculous.
Management philosophy is inversely proportional to common sense.
Great idea = Stock declines.
Bad idea. = Stock declines.
Whoops. 😬 the Midas touch in Reverse.
Just ask Burt Reynolds.
Everything they touch turns to 💩
@a4 it impacts the shareholders net worth. no impact on the company really. more a reflection on what people are thinking about the recapitalization deal.
$1.86
@a3 what does that mean and how does it impact? Sorry if stupid question.
The nonsense recapitalization plan was reported on today. That is driving the stock decline.