Lowest price in over 21 years! Your 401Ks turned into 40Ks.
Still more to drop though. It will likely be in single digits in the next 1-2 months.
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I’m getting sick on the Inmarsat folks who are all disappointed that they didn’t enter the promised land when Viasat bought them. Truth is they were on the ropes with no plan b. Those folks should be grateful we are keeping some of them.
smelling single digits =/
The culture stinks. Better to put your effort into polishing your resume.
Seeing people say it’s Inmarsat employees fault. Look at how Inmarsat delivered work twice as quick with at least half the staff. Then think again.
Too many management tiers who cannot make key decisions until the multiple people that sit above them make the decisions for them. But yet still want to micromanage at every single decision. People stay online until late not doing any actual work.
It’s clear a culture of blaming others has always existed before any takeover
You can't really appreciate the magnificence of that sale unless you plot the stock price. It only had that peak price for a very short time.
I'm still fascinated with the way MD dumped $13M in stock in 2019 when the stock was at an all time high. Amazing.
The stock is so low that it isn't really a 5% match on your 40.1k contribution, it's more like a 1% match.
You can retitle this post to January 2003 now.
15% of the float has been shorted. To be honest that seems kinda low for a company with a dying business model. Still plenty of room to drop though. $5 per share next year.
VIASAT was created because they were able to offer good value in the defense sector. Have they won anything new lately or are they living on sole source kind of stuff? Customers (govt) are willing to buy $10k hammers because they want to be sure they get the exact right hammer. That won't last forever.
The culture is a bunch of people all going their own directions.
Big expensive processes invented by people looking for job security in ruling the complicated process.
Viasat was collapsing well before they acquired inmarsat
Cut. Cut. Cut. The worthless Inmarsat trash. Let’s make Viasat great once more.
Only the blind cannot see the trend. Since Viasat disastrously acquired Inmarsat out market cap has QUARTERED. Time to get rid of all that Inmarsat drag on our once great company. And time to get rid of the id--ts who made the worst deal ever.
Wall Street will demand more than 600 cuts, single digits will be sooner than you think
Yes…the inevitable quarterly RIFs will delay the inevitable single digit stock price. More dead cat bouncing methinks
Dang. Executive compensation might get reduced to just a few million.
I doubt it,
ViaSat will do some layoffs, then the stock will go up ….
I’m thinking 4-5 more months till single digits