Prior to the 5to1....and 12to1 reverse split the stock is at an all time low. There is only one way to go. Windstream Holdings Inc has a quick ratio of 0.66. It indicates that the company cannot currently fully pay back its current liabilities.
No matter what happens on August 9th they are filing for bankruptcy. Short sellers are going to have a field day. I feel really bad for employees or anyone that has their stock as part of their retirement.
"We were taking about this in the office today. Most think the company will declare bankruptcy by the end of Q1 2019. I'm not sure if it will make it that long."
by the end of Q1 2019 was a good call, boy toy!
If it's the same old clowns running the show at time of bankruptcy then absolutely not. This place is gone.
Maybe with new management we could come out of ch 11 stronger like GM
I would agree we joinwon't go chapter 11 tomorrow but we will in a few quarters. We will have a few massive RIFs and then be a shell of what we ar ed today. For 80-90% of our customers base we offer no competitive valae. I know we pushed out the profit announcements for the second quarter but I don't think it changes things.
I just created my resume, lost my old one. Just in case, because I don't know how long the company will be viable or my position will be here. I doubt it would just go out of business because we are the only provider in so many places, gov wouldn't let it. Who knows we shall see.
Aurellis is going to win the suit.
We miss you Jeff
It will take another year and a half of them circling the drain before we stop hearing the term windstream, and there is no denying it anymore, the only upper mgmt sticking around are doing it for retention bonuses
They’re done.
Hang on folks and grab that bucket of popcorn... I smell a $hit storm brewing. No one is safe, and no one should be surprised by this point.
No Thursday will be safe.
Calls and puts have WIN priced about $2.90/share. We have a long way to go. Private equity vultures will swoop in and take over shortly. TT and the board are fcukt.
As a business we have top line growth and bottom line savings. Right now we have neither cost savings and growth have flat lined from a $$$ perspective. Our margins have increased but our revenue has decreased along with our churn. Depending on the Q2 call we are week to week like most employees here.
The sell off begins...
We were taking about this in the office today. Most think the company will declare bankruptcy by the end of Q1 2019. I'm not sure if it will make it that long.