With the considerable debt problem becoming worse, missed estimate, and plunging stock, I guess we can expect all kinds of bloodbath.
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I sadly laughed to myself when people thought M@nke and his circus troupe were going to do great things. He was and remains a one trick wonder that slashes companies to the bone of non-sustainability. It's not visionary leadership rather the short term lining of his and Wall Street's pockets. Sadly, I believe Sabre will fade into history.
Meanwhile the crooks such as M@nke and his monkeys pillaged and brought down a nice company, leaving the rest of us to drown in debt.
The very high leverage and forward looking revenue guidance falling below analyst expectations will likely mean long term struggles for Sabre. It’s a shame that this once great company is in such financial distress, but under the circumstances I’m also relieved I’m no longer with them.