Well, Q3 has just ended. Any predictions and effect on stock price when announced in late October?
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Activist investors wouldn't dare try to save us with all the lawsuits. We're the next talc/asbestos/roundup.
You have been warned. Now last chance to sell before it dips below $90
Ge-z. I posted the first comment saying it would go under $90 upon the 3Q release. But Alas. it came through so early. Looks like it will head for $85 next.
Once the stock fell below $90 I creamed myself. Squirt squirt squirt.
How can Mike and Monish not be held accountable for the decline of the company and the plummeting stock price. The BOD is watching this slow motion train wreck and doing nothing about it. Where are the activist investors to force some action.
Stock is at $89.39.
Something something headwinds, trust the process, laying off more employees
Go ask Kearney.
The price will continue to drop, forcing a further reduction in expenses, further drop, more cuts, and finally Chapter 11 bankruptcy after düsseldorf retires, having received his huge final payout.
After the latest round of layoffs, it was a slowly slowly approach, but now there are a few growth areas in certain divisions that need to be acted upon, the hard part is recruiting the correct people to fit the correct roles, but only one problem, we got rid of a lot of good people who could identify people with talent, now it is a guessing game and if striking it lucky . Time will tell if the new breed will fit the orle , want to work into the role, or just gain a few years experience with us and then pop off for a better job fit
The large plants are seeing severe under utilization since Q3, and many are forced into furloughs or not replacing contract workers. It will soon show up in the downward EPS revision by Monish in the upcoming Q3 call.
With the poor business outlook, especially China, it is likely stock will go under $90 upon the 3Q release. Mark this down.