Still losing money - lost less money than analysts thought. So bad but not as bad as if we were run by mice so good. Great job, things should turn around and we will be able to pay our debt off and be profitable in 625 years with a 50 percent chance of going bankrupt each year until then. Time to party, everyone’s wages will be unfrozen and bonuses are back (only for senior management, regular employees must accept they will be treated like slaves in exchange for the company still existing in a form that allows for executive bonuses and for Tony to take his family to Europe a few times a year
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"Sorta reminds me of a Ponzi scheme."
I am certain there will be investigations into the stock price and all the hype that they preach all the time. Too many employees have lost a bunch of their well-earned money they thought was safe investing in the company. People won't stay quiet on this since they lost so much. They will want answers.
Years after Enron crashed and burned, a lot of former employees came out and described the conditions that let to its downfall. Same will happen with WE.
Here is link to report fraud to SEC.
https://www.sec.gov/tcr
Company was losing money for years but yet continued to pay a dividend out. Finally in August of 2017 they suspended the dividend and the stock took a nose dive of 27 % to a new low of 2.73 - that’s pre-split of course. Not only is the Company poorly run but the board of directors falsely manipulated this stock price for years before the Big Bang. Sorta reminds me of a Ponzi scheme.
"Lol 100k that ain’t happening. Executives think short term."
$1 a year base salary, the rest in company stock. Suddenly they will work harder than ever for that trip to France.
Just wait until next week. Stock will be back to $3
The stock is soaring??
That's a joke isn't it?????
Or is the TT typing
Yay almost back to a dollar a share after the split, good times are here again, WE are WIN
ning! Hug an executive!
Lol 100k that ain’t happening. Executives think short term.
If they cut the executive pay way down to maybe something like $100K maximum for ALL corporate employees (yes TT, you included, no more trips to France for you) and MAYBE knew how to invest the money in the company, there might be a chance. But in the real world they will probably buy another company and give more executive bonuses. Why change things if everything has been going right for the executives? With CAF-II funds filling some of their wallets, they are content with keeping things the way there are....
That adds 50 million in half a day to the value of win. No I’m not trolling I’m serious. This is a good start, hopefully we take advantage of it.
Stock is up almost a dollar a share, broadband was positive! We are positioned for success in the future. Just wait until the lawsuit win. GOOD times at WIN!
Strong results???! Is this bizarro world? They lost money, more than they lost last year, but they lost less?! So continuing to lose money, that means profits are less than expenses dragging billions of debt, is a strong result? For the manager that posted strong results, maybe you should slow down son and take a break from patting yourself on the back and searching Travelocity for your next vacation and spend some time actually trying to make a profit. Last time I checked that is what companies are supposed to do. Strong results my @ss, you just s-cked less. You still s-uck
This time last year stock was over $10 split adjusted. The 2017 401k match deposit was at $36/share. I’d hardly call $4.50 anything to celebrate.
Strong results is what headlines are that I have read. You negative people can F off.
Stock is soaring.
It is a little more than that (sdwan) but still not all they made it out to be. If all our eggs are in the sdwan basket then we are royalty screwed.
Every time somebody asked about the profitability of SD Wan they just kind of skimmed over the financials and tried to sell it as much as possible.
From what I understand, is SD wan just dedicated bandwidth with a cloud service through AWS?
If that’s all it is, why not just use a cable modem and configure and AWS server yourself for way cheaper?
Unless I’m missing something here
I love how the bar is set so low for these executives. You failed but we thought you would fail a lot worse so congratulate yourself and here is a bonus, go take your family to Italy. I hope their doctors are held to the same standard - well I’ve never successfully performed a surgery, but last year I screwed up only 150 times and everyone expected me to screw up 155 times... its such bs that employees are made to suffer while these mo--ns get bonuses
Here’s the good news..... are you ready?
Residential BB customers + 2000 yoy
Think I’ll keep shorting this turd.