If anyone is still holding on to WIN stock you better sell while you can still get some money. Pennies on the dollar is better than 0.
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Ain't it grand that Windstream put their matching contributions in their own stock? That way all of their employees can lose their retirement at the same time they lose their jobs!
I sold my stock earlier this year but I still ate a +$10k loss. I agree, sell ASAP! I was there to let it ride but it's worth saving whatever you can.
Don't worry - you'll get more at the end of year for the 401k match... but I recommend recycling it; it has more value as a waste product.
When a stock has a meteoric fall, company Gino aces are in shambles, has limited assets, has resorted to desperate financial moves (5:1 split) its been time to sell. Don’t be that guy that watches his retirement go to zero because his stock used to be $7 once. The only sign missing is mass executive exodus and I’m guessing they are negotiating their retention bonuses to stay until the end of sale or bankruptcy. Your stock will be worthless and you will only have regret left in your bank account
If you still have stock might as well just hold.
On 5/29 WIN complete a reverse split of 5 to 1 shares. Our stock jumped in value over the following weeks to just above $7. Now we are going to reverse that and take the value of those shares down under $2 in the following weeks. In 2 short months we already lost 80% of the value. With WIN losing that much value some vulture capitalist will come in and buy us out.