Thread regarding ION Geophysical Corp. layoffs

It ain't getting better!

3.65 stock price! Div that by 15 to get to the true price - ION did pretty well surviving the carnage up to this point but I don't see them surviving the next wave of sub $40 oil that we seem to be headed to. Probably time to start laying off more production folks and hiring more mid level do nothing managers while they have money in the bank- that's how they roll

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