Has anyone noticed that in the last one month - BNY has dropped 10% and they have not even announced earnings YET.
Add to this, the write offs and losses stemming from Wove disaster and the big spend that is being proposed for revamping the platform with additional AI spend.
Where will BNY land ?
RV rode the wave of great markets. His model is bullsh-t and always was. Gtfoh and take Derm the Germ with you. LOSERS
They arent hurting. Only employees are getting sc--wed. They’re planning an expensive roof top terrace for nyc. Fu--ing joke this dump has become
Share price down $2.34 today wiping out all gains from all of July through September.
Excellent!
Of course a lying grifter like RV will point to this quarter and still say we had a net 3 cent share
Price gain since June 30th.
Keep declining BNY. Keep on declining.
Chips are beginning to fall for crooked RV. Just like his corrupt GS days. The leopard does not change its spots. When you Delete the Data, You Pay the Price. Canadian Supreme Court is hammers BNY stock in landmark $150M evidence-wiping ruling.
Sure it’s been noticed….
Right here even
https://www.thelayoff.com/t/1m3cvb6n6
Also Wall street and investors are more than noticing. They are waking up to the fact that BNY’s long term revenue growth is both disappointing and alarming. A company’s long-term sales performance is one signal of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. People are aware that this place is shedding people and expenses far more than having sustained growth, products and synergies with other businesses for the future. We are growing here. Just cannibalizing. That is why this stock is starting to retreat. As it should. This current so called leadership only has one card to play- merge or sell.
Do the research. Zero insider buying but significant selling.
https://www.secform4.com/insider-trading/1390777.htm.
What does it mean?: Overview of Recent Bny Insider Sales
• Total Volume Sold: Approximately 246,000 shares over the past 24 months.
• Recent Activity: Insiders have only sold shares and reported zero open-market purchases over the last 3 to 12 months.
• Notable Transactions: Major executives including Senior EVP & General Counsel J. Kevin McCarthy and other officers have executed sales near or slightly below prevailing market valuations.
• Signaling: Market analysts generally view a lack of insider buying combined with steady executive selling as a neutral-to-weak cautionary signal rather than an immediate red flag, as transactions often relate to individual portfolio rebalancing or compensation vesting.
That peakon survey is as a waste of time. I either deleted the email or have all the lowest possible scores. D-mb. As is AI. There are so many bad national articles about AI, how can anyone champion this?!
Big wigs dropping their shares.
Also recently said they are stopping the Peek On survey so no mechanism for employee feedback.
Me thinks a big announcement is coming soon.
I was just feeling good about the 5 shares we got.. Now you had to pour water on that :)